Dubai Aerospace Enterprise (DAE) has bought Ireland-based lessor, the AWAS group of companies, from private equity investor Terra Firma Capital Partners and the Canadian Pension Plan Investment Board. Financial terms were not disclosed. The acquisition is the latest in a series of deals that has seen a rapid rationalization of the aircraft leasing sector. The deal will see DAE, which has a fleet of just over 100 aircraft, acquire AWAS, which is more than double its size with a fleet of 263 ...

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