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FINANCIAL NEWS
UAE’s Waha Capital sells its stake in AerLift
06 Apr 2014
(MENAFN) Waha Capital, an Abu Dhabi-listed investment company, said it recently sold its 60.7 percent stake in AerLift Leasing to a newly-established US-based aircraft leasing platform, according to the Emirates 24/7.
AerLift, which Waha Capital used to own 60.7 percent shareholding, owns a portfolio of 11 commercial aircraft operated by a number of international airlines.
Salem Rashid Al Noaimi, CEO and Managing Director of Waha Capital, said: “The disposal of our stake in AerLift demonstrates the rapidly accelerating implementation of our strategy to focus on our core assets and become a leading regional investment management company. We have crystallised a good return to our shareholders through this sale, which adds to the capital base we are building to make future investments in areas of strong growth potential.”
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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