Avolon to acquire CIT Group’s leasing business

Irish lessor Avolon has agreed to acquire US company CIT Group’s leasing business for $10 billion, creating the world’s third largest lessor with a fleet of 910 aircraft worth over $43 billion. Announcing the agreement Oct. 6, Avolon detailed plans to acquire CIT Group’s leasing business, which...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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