BlueFive Capital has announced the launch of BlueFive Leasing, a new aircraft leasing and asset management business based in Muscat, Oman. The initiative is positioned as one of the first dedicated aircraft leasing asset management platforms in the Gulf Cooperation Council (GCC), representing a notable step forward for the region’s aviation finance sector.
BlueFive Leasing aims to take advantage of strong and sustained growth in air travel across the Middle East, Asia and Africa. The platform will focus on leasing both narrow-body and wide-body aircraft across the full age spectrum and throughout the market cycle, serving a global customer base of established airlines. By offering a new source of aviation capital from the GCC, the business intends to provide airlines with competitive leasing solutions while giving investment partners access to a scalable, institutionally governed product designed to deliver attractive risk-adjusted returns.
The platform has been established through a strategic partnership between BlueFive Capital and an Omani sovereign institution. As part of its launch programme, BlueFive Leasing will begin fundraising for its first investment vehicle, BlueFive Wings Fund I. The fund is targeting more than US$1.0 billion in commitments to invest in commercial aircraft assets.
Hazem Ben-Gacem, Founder and Chief Executive of BlueFive Capital, said the creation of BlueFive Leasing reflects a broader strategic ambition to diversify regional investment portfolios and strengthen the GCC’s participation in the global aviation value chain. He added that the platform’s capital base and experienced management team will enable it to navigate aviation market cycles and capture opportunities as they emerge.
The launch follows six months after BlueFive Capital opened its Muscat office, underlining Oman’s growing appetite for new investment products that can strengthen domestic portfolios while attracting international capital.
