The BEXAIR Group moved one step closer to the creation of the region’s first fully integrated executive aviation company by offering financing options. The group has established its own aircraft leasing company, Arabian Aircraft & Equipment Leasing Co. (AAELCO), which provides financing services to its clients throughout the region.

It provides a vehicle for large amounts of Islamic investments via AAELCO, as these kinds of asset-based financing transactions are particularly well suited to Sharia-complaint investing.

AAELCO, along with BEXAIR, will assist customers to select the right aircraft for their use through its aircraft evaluation and purchase consultancy, then finance the aircraft and finally offer full support, management and maintenance.

AAELCO has a solid track record in aircraft leasing. It offers attractive leases in places that have traditionally found commercially sensible leasing deals to be difficult and extremely complicated.