Avolon, an international aircraft leasing company, will acquire a portfolio of 45 aircraft from GECAS. The 45 aircraft, which are scheduled to deliver to Avolon in the second half of 2016, are on lease to 29 airlines in 15 countries.
Headquartered in Ireland, with offices in the U.S., Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services as a wholly-owned, indirect subsidiary of Bohai Capital. As of March 31, 2016, Avolon’s owned, managed and committed fleet comprised 402 aircraft.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!