Avolon will acquire Castlelake’s aircraft leasing unit in a deal that will add 118 aircraft to its fleet.
Credit: Bayne Stanley/Alamy Stock Photo
Avolon will buy the aircraft leasing unit 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 nine loans...
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