Lesha Bank Wins Airline Economics Aviation 100 European M&A Deal of the Year

Doha, September 16 (QNA) - Lesha Bank LLC announced that it had won the M&A Deal of the Year at the Airline Economics Aviation 100 European Awards, in recognition of its 100 percent acquisition of Amedeo Air Four Plus Limited ("AA4+") in accordance with Shari'a Principles.

The award was presented at a gala evening in London on 9 September and accepted by Lesha Aviation Capital ("LAC") Co-CEOs Jon Skirrow, together with members of the LAC team.

The transaction saw the Bank acquire 100 percent of AA4+, an aircraft leasing company, through LAC 10, a newly incorporated wholly-owned subsidiary of the Bank. AA4+'s portfolio comprises six A380, two B777-300ER and four A350-900 aircraft, all under long-term lease to Emirates and Thai Airways. (QNA)