Griffin Global Asset Management (Griffin) has announced the mandate for the purchase and lease back of five Boeing 737-8 aircraft with Akasa Air, a new airline based in India. The aircraft deliveries are scheduled to begin this June.
“We were introduced to Akasa Air's management team over a year ago and have watched with excitement as they skilfully built the airline from the ground up. We are honoured to enter into this long-term relationship right from Akasa's launch. They have developed a business strategy that addresses a need in the market and assembled a very impressive team to execute that plan,” said Ryan McKenna, Griffin's Chief Executive Officer.
