DUBAI: Abu Dhabi investment company Waha Capital has sold its stake in AerLift Leasing to an unidentified US firm for an undisclosed amount, Waha said on Sunday.
At the end of 2012, Waha had a 60.4 percent stake in AerLift Leasing, which is incorporated in the Isle of Man, according to Waha’s most recent annual report. “We have crystallized a good return to our shareholders through this sale, which adds to the capital base we are building to make future investments in areas of strong growth potential,” Waha chief executive Salem Rashid Al-Noaimi said in a statement to Abu Dhabi’s bourse.
Waha sells stake in AerLift
