Avolon acquires CIT’s leasing business, becomes third-largest lessor
Irish lessor Avolon completed the acquisition of New York-based CIT Group’s leasing business April 4 at a sale price of $10.4 billion. The transaction makes Avolon the world’s third largest lessor with a fleet of 868 aircraft worth over $43 billion, as of Dec. 31, 2016. The acquisition doubled...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
