Zephyrus Aviation Capital has hired two former CIT Aerospace executives for top management roles and is acquiring 21 aircraft with plans for further expansion. Zephyrus, based in Dublin and Fort Lauderdale, Florida, is the aviation business of the U.S.-based Virgo Investment Group, which has been investing in the field since 2010. Zephyrus specializes in older aircraft, as well as engine leasing and trading. In a statement on Sept. 20, Virgo said Zephyrus is completing the acquisition of ...

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