Aviation Capital Group and Egyptian Civil Aviation Finance Holding formally established Civil Aviation Finance and Operating Leases (CIAF-Leasing) at this week's Paris Air Show. The new lessor will concentrate primarily on new and younger narrowbody aircraft to be operated by customers in North Africa and the Middle East, CIAF Holding Chairman and CEO Medhat Hassanein confirmed to ATWOnline. He said he is targeting a portfolio of about 50 narrowbodies within five years, with some of the ...

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