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
-
Gov’t invests GH¢443m in Free Primary Health Care – Dr Asare Bampoe
6 minutes -
ECG announces power outages in parts of Accra West and Central regions
25 minutes -
Otumfuo calls for urgent action to end maternal deaths in Ghana
28 minutes -
Prioritise Bawumia’s interest and vote on merit – NPP elder urges delegates Â
29 minutes -
Jason Arday death ‘tragedy on so many levels’ says PM
1 hour -
Rotary Club donates phototherapy machine to Ussher Hospital
2 hours -
Analysis: Jason Arday’s death will send shockwaves through a divided academia
2 hours -
CJ’s vacation warrants not limited to politically sensitive cases – Victoria Bright
3 hours -
Parts of Accra to experience power interruption on Sunday for emergency GRIDCo tower restoration
3 hours -
Dafeamekpor defends Ayine’s handling of Aksa case, faults past AGs
3 hours -
Luv FM High School Debate: Afigyaman, OKESS seal Round of 16 spots in style
3 hours -
Dafeamekpor urges Parliament to stay out of Aksa probe, backs expert-led inquiry
3 hours -
The rise and rise of Azigi
3 hours -
Is Angela List being targeted? Government must reconsider the Adamus revocation
3 hours -
Bezos-backed consortium buys a third of Liverpool
3 hours