New aircraft management platform launched by DS Aviation and Skytech-AIC

DS Aviation, the aircraft leasing unit of German financial services company Dr. Peters Group, and UK-based aircraft lessor, marketing and management organisation Skytech-AIC have formed a new joint venture company, DS Skytech Limited, to provide technical management for the combined owned and managed aircraft portfolios of both organisations. The new company is designed to enhance the in-house asset management service provided to the clients of DS Aviation and Skytech-AIC and will facilitate the expected expansion of the combined portfolio which currently numbers 25 aircraft and includes types ranging from Bombardier Q400s through Airbus A319s, Boeing 787s and Boeing 777s to Airbus A380s. Both companies recognise that providing professional, comprehensive asset management is a key element in attracting additional and competitive investors into the industry and DS Skytech is designed to provide a new industry benchmark in management service quality. In addition, the combined strengthsand capabilities of the two companies will ensure that DS Skytech is well positioned to generate technical management business from third party clients. The Directors of the new company will be Anselm Gehling: CEO of Dr. Peters Group, Christian Mailly: Managing Director of DS Aviation together with Skytech-AIC’s Julian Balaam and Jeff Solomon.