Aircraft
Doric Lease signs landmark agreement for 20 A380s

Airbus’s A380 yesterday received a highly welcome boost from Doric Lease, which placed a memorandum of understanding (MoU) for the purchase of 20 of the superjumbos at the Paris Air Show.

With this investment, Doric plans to offer a tailored A380 leasing scheme designed to make the aircraft more accessible to new and existing A380 operators around the world who prefer to opt for the flexibility of an operating lease. Doric already has significant experience with the A380, ranking as the third largest wide-body lessor worldwide by value and the world’s largest asset manager of leased A380s. Doric carries a $6 billion aircraft portfolio under management, including 18 A380s acquired through sale-leaseback arrangements.