Avolon To Buy $5 Billion Aircraft Portfolio From Castlelake

jet flying into sunset

Avolon will acquire Castlelake Aviation Limited in a deal that will add 118 aircraft to its fleet.

Credit: Bayne Stanley/Alamy Stock Photo
Avolon will buy the Castlelake Aviation Limited division of alternative investment manager Castlelake for an undisclosed sum in a deal that will add 118 jets to its fleet. The $5 billion portfolio includes 105 aircraft on lease, commitments for 13 new-technology aircraft, two engines on lease and...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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