Doric confirms first A380 secondary market deal

Eleanor Steed
By Eleanor Steed July 20, 2018 11:40

Doric confirms first A380 secondary market deal

Following many months of negotiation and preparation, Doric’s Asset Management team has confirmed the first ever secondary market transaction for an Airbus A380.

The lease agreement with the Portuguese wet lease operator Hi Fly for the A380 (MSN 006) began in July 2018 and has a term of nearly six years. Doric’s Asset Management was able to arrange a direct handover of the aircraft from the previous operator to Hi Fly.

The freshly painted A380 with a special livery “save the coral reefs” and a completely refurbished cabin was during the Farnborough International Airshow this week.

Doric says that it is confident that the experience gained over the past months with this transaction will help to establish a solid secondary market for the Airbus A380 in the future.

Eleanor Steed
By Eleanor Steed July 20, 2018 11:40