Overview
- Dubai Aerospace and Blackstone Credit & Insurance announced a long‑term partnership called Equator to invest in leased commercial jets with about $1.6 billion targeted each year.
- Dubai Aerospace will source aircraft from third parties and manage the planes through its investor services platform for the program.
- Blackstone Credit & Insurance will provide an integrated set of financing tools so Equator can buy aircraft and keep deploying capital through market cycles.
- Blackstone’s investor group will include commitments from funds managed by ITE Management, which partners with the firm on credit investments.
- The venture draws on Dubai Aerospace’s roughly 700‑aircraft platform and Blackstone’s more than $100 billion in asset‑ and infrastructure‑backed credit to expand leasing options for airlines worldwide.