Addition of the 5th Boeing 777

NS Management is pleased to announce the addition of the 5th Boeing 777 to its management portfolio.

NS Management is pleased to announce the successful completion of the purchase and leaseback of a Boeing 777-200ER aircraft for one of its clients. This brings the portfolio of aircraft under NS Management to a total of seven.

 

NS Management worked with a number of different law firms based in Mauritius, South Africa, the United Kingdom and Dubai, in order to make this deal a success.

‘As a  management company we help to bring the different players together, to make sure that all relevant corporate and transaction documentation has been circulated and are in an agreed format before the closing of the deal,' says Arvin Halkhoree, Managing Director of NS Management. 'It's a challenge given the time differences, but we were able to bring it all together thanks to the strong relationship NS Management has with its client and the different players involved in this deal, with whom we have worked in the past on several such deals.'

This is another milestone for NS Management as it continues to increase the number of aircraft in its management portfolio. The firm is presently working on a number of deals one of which is expected to close in December of this year.