Abu Dhabi-based Oasis International Leasing has bought three aircraft for its leasing portfolio. The $76.5 million deal brings the Oasis fleet to 10 aircraft.

The three aircraft are:

-A 1990-build Boeing 737-300 that is currently on lease to GO, the British Airways low-cost airline;

-A 1992-build Boeing 737-400, presently leased to Virgin Express;

-A 1992-build Airbus A320-200 on lease to UK charter airline Airtours.

The three new aircraft join six A320s that Oasis acquired in a sale and leaseback deal with Gulf Air in 1998, and a Boeing 737-300 bought earlier this year and currently leased to Air New Zealand.

Oasis was established in 1997 as a public joint stock company as part of the long-term strategy for the development of the United Arab Emirates and, in particular, the wish to develop financial services within the country.

Source: Flight Daily News