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MPS contracts SimCap to provide leasing solutions

Groenekan, The Netherlands, October 31st, 2017

Multi Pilot Simulations (MPS) has entered into a frame agreement for leasing its simulators with SimCap B.V. a subsidiary of Mass Lease. Under this agreement MPS can lease its simulators with favorable terms to its future customers.

SimCap Managing Director Richard Jacobs: “Stepping into the financing of simulators is highly complementary to our current aircraft portfolio. The exploitation of new equipment is an exciting new step for us and the combination with the use of export credit based financing enables us to provide efficient leasing solutions to our customers

MPS’ Chief Executive Officer Dick Verburg: “Now that we have this agreement in place, MPS will be able to make an even more attractive proposition to its customers. Besides being extremely cost effective we can now also provide several lease structures tailored to the needs of our customers.”