DP Aircraft I has set up two Special Purpose Vehicles (SVPs) in Ireland, DP Aircraft Ireland MSN 35320 Limited and DP Aircraft Ireland MSN, which entered into new lease agreements with LOT Polish Airlines covering two B787-8 aircraft. As a result, after consulting Lenders, the existing B787 leases with Thai Airways will end in late 2026 as the lessor has no intention of extending the aircraft when the lease term expires in October 2026 and December 2026.

The new leases with LOT each have a 12-year term, and commence on 29 October 2026 for serial 36110 and 09 December 2026 for serial 35320. The total rental payments will be approximately US$168 million in aggregate over the full term.

THAI will be required to return the aircraft in full-life condition at the end of the respective lease periods, which coincides with the expiration of the existing debt financing arrangements. DP Aircraft I is actively exploring all refinancing options, including potential agreements with new lenders.