Dubai Aerospace Enterprise (DAE) on Monday announced the completion of acquisition of aircraft leasing fund SKY Fund I Irish, Ltd and its subsidiaries.
Despite the continued strong ownership market in the region, charter clients “significantly outweigh” aircraft owners. Amid the global influx of high-net-worth and ultra-high-net-worth individuals in the region, the private jet industry is seeing increasing interest for both purchases and rentals.
The 30.5-metre Acico motor yacht Ursus has been relaunched from the Balk Shipyard in Urk, the Netherlands following an extensive refit, which saw her extended by six-metres. The SuperYacht Times team were in attendance, alongside the owner and the Balk Shipyard team to celebrate the completion of her rebuild.
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