Echo Aviation Leasing Acquires Four Boeing 767-300

Echo Aviation Leasing, a Montreal-based provider of financial solutions to the general aviation industry, completed the purchase, via its wholly-owned affiliate Echo Capital Fund II, of a participation in an existing multi-aircraft leasing facility entered into by a provider of time-sensitive overnight air cargo services.

Pursuant to the terms of the transaction, Fund II acquired ownership of four leased Boeing 767-300 cargo aircraft while Echo took over the role of servicing agent of the existing leasing facility on behalf of the other participants.

“We are delighted to now own these very sought-after leased assets, and we are extremely grateful for the trust placed in us by our investment partners and all the parties involved in this transaction,” noted Tony Bergeron, managing partner of Echo.

“This transaction demonstrates Echo’s ability to acquire, fund and service a broad spectrum of aircraft transactions and highlights the growing success of Echo,” added Frederic Larue, executive partner of Echo.


Like this story? Begin each business day with news you need to know! Register now for FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.