BlueFive Capital launches aircraft leasing company

• Regional and international airlines
• Target of $1bn investment
• Fundraising for investment vehicle

Abu Dhabi-based alternative asset manager BlueFive Capital has launched an aircraft leasing platform targeting regional and international airlines.

The new platform, which was announced on Thursday and named BlueFive Leasing, will focus on narrow- and wide-body aircraft of all ages, according to a press release.

BlueFive will also begin fundraising for its first investment vehicle, BlueFive Wings Fund I, targeting $1 billion for commercial aircraft assets.

The announcement gives BlueFive Capital, which was established at the start of 2024, a toehold in a market predicted to double to $400 billion worldwide by the 2030s. Middle Eastern companies accounted for less than 4 percent of the market in 2025.

Speaking to AGBI, BlueFive founder and CEO Hazem Ben-Gacem said the company is targeting “a diverse mix of flag carriers and low-cost airlines globally” and has “a robust pipeline of transactions” under negotiation.

“The opportunity to capitalise on the current supply-demand imbalance, combined with increasing demand for aircraft leasing and evolving capital-market dynamics represent a highly attractive entry point for BlueFive Leasing,” he said.

The company will announce its first deal soon.

• Abu Dhabi’s BlueFive Capital teases insurance acquisition
• BlueFive Capital to raise $1bn for Asia investments
• IATA chief: Boeing and Airbus woes are a win for jet leasing

Willie Walsh, director general of the International Air Transport Association (IATA), told AGBI last year that aircraft leasing companies in the Gulf were profiting from prolonged delivery delays at aircraft makers Boeing and Airbus.

“These guys are in a fantastic position because they have a fantastic fleet of aircraft,” he said in an interview in April. “They are the winners… They’re doing deals with tier-one airlines because the airlines need the capacity but can’t get the new aircraft.”

BlueFive Capital is also entering the insurance market, having told AGBI last year that it intends to be “the most active player in that field in the months to come”, looking to capitalise on what it saw as a fractured market ripe for consolidation.

It launched BlueFive Insurance in November, a platform with which it hopes to make acquisitions within the GCC insurance market.