China’s Bohai Leasing to acquire 20% of Avolon

Hainan Airlines sister company Bohai Leasing has outlined plans to acquire a 20% “strategic interest” in Irish lessor Avolon for $429 million. Bohai will launch an offer for the Avolon stake “on or about July 31,” once it has secured internal approval for the acquisition. Hainan Airlines parent HNA...

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