DS Aviation, the aircraft leasing unit of German financial services company Dr. Peters Group, and UK-based aircraft lessor, marketing and management organisation Skytech-AIC have formed a new joint venture company, DS Skytech Limited, to provide technical management for the combined owned and managed aircraft portfolios of both organisations.

The new company is designed to enhance the in-house asset management service provided to the clients of DS Aviation and Skytech-AIC and will facilitate the expected expansion of the combined portfolio which currently numbers 25 aircraft and includes types ranging from Bombardier Q400s through Airbus A319s, Boeing 787s and Boeing 777s to Airbus A380s.

Both companies recognise that providing professional, comprehensive asset management is a key element in attracting additional and competitive investors into the industry and DS Skytech is designed to provide a new industry benchmark in management service quality. In addition, the combined strengths and capabilities of the two companies will ensure that DS Skytech is well positioned to generate technical management business from third party clients.

The Directors of the new company will be Anselm Gehling: CEO of Dr. Peters Group, Christian Mailly: Managing Director of DS Aviation together with Skytech-AIC’s Julian Balaam and Jeff Solomon.

“The formation of this new company with Skytech-AIC confirms our intention to continue to provide the highest possible level of service to our aviation clients in the best traditions of Dr. Peters just as we provide to our clients across all other asset classes” commented Anselm Gehling, while Christian Mailly added “First class in-house technical asset management is a vital part of the service and reassurance we provide to our institutional and KG limited-partner investors.”

Skytech-AIC’s Julian Balaam added “We are delighted to be working with DS Aviation on this exciting project and we see a huge opportunity to use the combined strengths of DS Aviation and Skytech-AIC to bring significant asset management advantages to third parties worldwide as well as to our own clients”.

DS Skytech is a UK-registered company and is located at Skytech-AIC’s headquarters near Farnborough in Hampshire, England.

For more information please contact:

Justin Wiedemann
Public Relations
Dr. Peters Group
Stockholmer Allee 53,
D-44269 Dortmund, Germany
Tel.: +49 231 5571 73586
Email: justin.wiedemann@dr-peters.de

Annette Wilkinson Skytech-AIC
Hurst Farm, Winchfield Hampshire, RG27 8SL
United Kingdom
+44 1252 844775
admin@skytech-aic.com