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Boullioun sold to Aviation Capital Group, will be merged
Seattle-based operating lessor Boullioun Aviation Services was sold by German banking giant WestLB to Aviation Capital Group, a subsidiary of Pacific LifeCorp., parent of Pacific Life Insurance Co.
Price was not disclosed. "Included in the agreement are 102 owned or managed commercial aircraft, 11 Airbus airplanes currently on order, employees, and other assets of Boullioun Aviation Services," Pacific LifeCorp said in a statement.