Sirius acquires five aircraft from SMBC Aviation Capital

Sirius Aviation Capital (Sirius), a global aircraft asset manager head quartered in Abu Dhabi Global Market (ADGM), has acquired a portfolio of five single-aisle, mid-life aircraft increasing total aircraft under management to 17 valued circa. $500m. The portfolio is comprised of aircraft owned and managed by SMBC Aviation Capital. Sirius has entered into a joint venture with Carolous Aviation Leasing, a portfolio company of Corrum Capital Management LLC (a US-based investment firm) to acquire the aircraft. Sirius’ share of the joint venture was funded via its commitment from its anchor investor, Abu Dhabi Catalyst Partners (ADCP). ADCP is a joint