DVB Bank, Mitsubishi Corporation (UK) and ELF Corporation enter into new engine leasing venture

24-Mar-2010 DVB Bank SE (DVB), the Frankfurt-based bank that specialises in transport finance, Mitsubishi Corporation (UK) Plc (MCUK), the London subsidiary of Mitsubishi Corporation (MC), the global trade and investment company and Engine Lease Finance Corporation (ELF), the world's largest independent aero-engine lessor, have formed a joint venture company, Deucalion MC Engine Leasing Limited, incorporated in Ireland, for the purpose of investing in commercial aircraft engines subject to leases with airlines worldwide.