Bloomberg: HNA Looking at Avolon Aircraft Leasing Options



Bloomberg reported, citing people with knowledge of the matter, that the HNA Group is examining options for its Avolon Holdings aircraft leasing business.

According to a related report, citing information from FlightGlobal, Bloomberg listed Avolon as a top 10 aircraft lessor with a commercial aircraft fleet valued at $19.0 billion third only to GECAS ($25.8 billion) and AerCap ($31.9 billion).

Bloomberg noted HNA became the world’s third-largest aircraft leasing company after it bought CIT Group’s aircraft leasing business for more than $10 billion in 2017.


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