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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