Monthly Archives: April 2017

China Aircraft Leasing Group to buy two Airbus A320-200 for $217 Million

China Aircraft Leasing Group Holdings Ltd said it would buy two Airbus aircraft from Airbus for an aggregate list price of $216.8 million, to match customer demand under dynamic market conditions. The aircraft lessor’s unit CALC (BVI) had agreed to buy two Airbus A320-200 neo series aircraft, in a deal to be funded by commercial…

Avolon Holdings acquires CIT Group for $10.38 Billion

Dublin-based aircraft lessor Avolon Holdings has closed on its acquisition of the aircraft leasing business of CITGroup, the companies announced on Tuesday. The $10.38 billion deal, negotiations for which the sides first disclosed in December, effectively triples Avalon’s size, making it the third largest aircraft leasing company in the world with a combined fleet of…