Dublin, Ireland, 25 July 2022: Abelo is pleased to confirm the sale of one Dash 8-100 MSN 330 to ALS Ltd in Kenya. With this new sale, Abelo continues to expand its sales/leasing and asset management services in the African market.

About Abelo

         Abelo is a full-fledge leasing platform created in June 2022, focusing on the commercial Turbo-Prop aircraft segment. It results in the merge between former Elix Aviation’s platform and Turbo-Prop portfolio of 65 assets, and the management expertise of ADARE Aviation Capital, lead by CEO Stephen Gorman. Abelo is owned by funds managed by Oaktree Capital Management, L.P. (“Oaktree”), which initiated the merger to enable further investment in the regional Turbo-prop sector, at a unique moment where there are a lot of changes expected in all areas of the leasing business and especially in ESG.

About ALS Ltd

ALS Ltd is an aviation company based at Wilson Airport Nairobi. With a fleet of 33 aircraft (10 Embraer jets, 13 Dash 8 100/200/300, 05 Beech1900D’s and 05 C208B’s), ALS Ltd is an industry leader offering a range of customized and comprehensive aviation solutions for the benefit of Humanitarian Operations, Airlines, Oil/ Resource exploration, and VIP Clientele.

For additional information, please visit us at www.abelo.aero

Contact:

Angelika Kapsiani Email: info@abelo.aero