Chinese conglomerate HNA Group is aiming to become Airbus and Boeing’s biggest customer within 10 years and is seeking to move from fourth to third place among global lessors. HNA Group’s Bohai Leasing acquired Irish lessor Avolon for $7.6 billion in January, ranking the group as the world’s fourth largest lessor by asset value. Netherlands-based AerCap is the biggest. “We are not yet an 800 lb. gorilla, but we have aspirations of that,” Avolon CEO Domhnal ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.