BAe 146. Photo: Courtesy, BAE Systems. BAE Systems on Thursday agreed to sell its commercial aircraft lease portfolio and asset management business to investment affiliates of certain funds managed by Fortress Investment Group. The deal is expected to close in the third quarter and is valued at $187 million in cash, subject to certain post-completion adjustments. It includes 151 owned aircraft (107 BAe 146/Avro RJs, 21 ATPs, 20 J41s and three J32s), but not the support and engineering ...

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