Audio By Carbonatix
Aero Surveys Limited (“Starbow”) and DVB Bank SE (“DVB”) have signed an agreement in which DVB will assist and advice Starbow on its fleet renewal and aircraft selection process.
DVB Bank SE, headquartered in Frankfurt/Main, Germany, is the leading specialist in the international Transport Finance business, offering integrated financing solutions and advisory services in Shipping Finance, Aviation Finance and Land Transport Finance. It is present at all key financial centres and transport hubs.
DVB’s role in the agreement would include advisory on the selection, integration and procurement of a new fleet for the airline.
A statement released Monday said the appointment of DVB was crucial in assisting Starbow to renew its fleet in order to achieve its medium and long term goal of expanding its services across West Africa. And to efficiently connect its main city pairs, many of which remain grossly underserved.
Captain Nimoh Kwaku Mensah, Starbow’s Accountable Manager said: “We are delighted with our association with an industry leader such as DVB; their assistance will help our management team accelerate our regional expansion plans.”
Starbow´s Head of Commercial, Andy Smith, said the Bank would bring a wealth of aviation and finance experience to the table, and the company looks forward to a new fleet optimised for future growth plans.
Bertrand Grabowski, a member of DVB’s Board of Managing Directors noted: “Africa is an almost unknown territory for DVB Aviation and is clearly a continent that is rapidly changing and evolving. We have been impressed by the strength of Starbow's management and the vision shared by its shareholders.
“This undertaking will help Starbow in a critical phase of its development and we are very proud to have been selected by the airline for this task.”
As well as having the largest fleet in Ghana, Starbow also has more than 46 departures per week to Kumasi, Takoradi and Tamale, with the aim to become West Africa’s premier airline through its core values of safety and reliability.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NAGRAT demands signed timelines before calling off strike
12 minutes -
National Investment Quiz: West Africa SHS, St. Louis SHS advance to semi-finals
33 minutes -
Shatta Wale appeals to Mahama for balanced framework to tackle social media abuse without stifling free speech
37 minutes -
Education Ministry urges data-driven talks to resolve teacher impasse
39 minutes -
‘What we wanted was money to buy medications’ – Dr Nawaane on US health support
39 minutes -
Osman Ayariga leads NDC team to vet constituency aspirants in Central Region
43 minutes -
‘We shouldn’t allow their drugs in just because they’re giving us $100m’ – Dr Nawaane
48 minutes -
US health deal medical records are a ‘no-go area’ – Parliament health committee
54 minutes -
Teachers’ strike: Gov’t has shown no seriousness on Collective Agreement – GNAT
55 minutes -
GES to submit more data to CAGD to process outstanding teacher promotion arrears – Education ministry
1 hour -
I wish to experience childbirth; I’m jealous of women – Okyeame Kwame
1 hour -
Manhyia South constituents demand apology from EOCO over attempt to ‘unlawfully’ arrest MP
1 hour -
Twelve women have been killed in one part of South Africa since July. Here’s what we know so far
1 hour -
OMJ Foundation commits to supporting transport, safety and livelihoods of commercial riders in Akuapem South
1 hour -
The Reciprocity crisis: Why Ghana welcomes British Professionals while the UK relegates ours
1 hour