By Jones Gadama
In a significant move to expand its presence in the aviation industry, Malawian firm Rayoni Holdings Limited has signed dry lease agreements for four Airbus aircraft.
The agreements, signed with partners based in Dubai and Dublin, Ireland, pave the way for the company to lease out the aircraft under Aircraft, Crew, Maintenance, and Insurance (ACMI) arrangements or potentially sell them in the future.
According to Dr. Anthony John Mukumbwa, the owner of Rayoni Holdings, the company is working closely with the Malawi Civil Aviation Authority to secure the necessary certifications. While the noise certificates for the aircraft have already been obtained, the company is awaiting final certification from the authority.
A team of inspectors from the Malawi Civil Aviation Authority had inspected the aircraft in China in May.
This development highlights Rayoni Holdings’ growing influence in the aviation sector, particularly in aircraft leasing.
Dry lease agreements allow the lessee to operate the aircraft without crew, maintenance, or support services, providing flexibility and control over operations.
The ACMI arrangement, on the other hand, enables the lessee to access comprehensive aviation solutions.
This strategic move positions Rayoni Holdings as a key player in the aviation industry, both locally and internationally.
The company’s ability to secure deals with global partners underscores its potential for growth and expansion in the sector.
