Doric Lease Corp has signed a Memorandum of Understanding (MoU) for the purchase of 20 Airbus A380 jumbo jets at the 50th Le Bourget Airshow...
With this investment, Doric will offer a tailored A380 leasing solution and will make the aircraft even more accessible to both new and existing A380 operators around the world who prefer to opt for the flexibility of an operating lease. Doric already has significant experience with the A380, ranking as the third largest wide-body lessor worldwide by value, and the world’s largest asset manager of leased A380s.
Doric has a six billion US$ aircraft portfolio under management, including 18 A380s acquired through sale-lease back arrangements.
Since first entering service in 2007, the A380 has joined the fleets of nine world class carriers. The aircraft is capable of flying 8,500 nautical miles or 15,700 kilometres non-stop, carrying more people at lower cost and with less impact on the environment.
The total A380 fleet has accumulated over 920,000 flight hours in close to 110,000 commercial flights. To date 40 million passengers have already enjoyed the unique experience of flying on board an A380. Every six minutes, an A380 either takes off or lands at one of the 30 airports where it operates today and the network is constantly growing.
