Veling purchases and leases another A380 to Emirates

Veling has purchased and leased back a new A380 to Emirates Airline. The aircraft delivery took place on July 28 at the Airbus Delivery Centre in Hamburg, Germany. “Veling is keen to make the A380 the mainstay of its growing portfolio on competitive terms. Veling is privileged to have Emirates as a partner and looks forward to working with financial institutions globally to broaden the capital base that Emirates has access to,” said Uday Nayak and Nirvan Veerasamy, co-founders of Veling. “The aircraft was financed by Dubai Islamic Bank and The State Bank of Mauritius and is a testament of