Avolon Sells 33-Aircraft Portfolio to Qatari Bank in $1.6B Deal
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7 Articles
The Irish leaser Avolon has entered into an agreement with the Qatari bank Lesha Bank for the sale of 33 aircraft, already operated by 25 airlines. The portfolio brings together monocouloirs, nine large carriers and two regional aircraft. Its market value is estimated at $1.609 billion, but the final selling price n-a [...]
Irish-based aircraft leasing company Avolon has signed an agreement to sell 33 commercial aircraft from its fleet to Qatar-based Lesha Bank.
The aircraft financier Avolon from Dublin sells 33 commercial aircraft to Lesha Bank from Doha. The aircraft are leased to 25 airlines worldwide, as both companies announced on Monday. Upon completion, Lesha Aviation Services will take over the management, increasing the Bank's fleet to more than 75 aircraft.
Avolon, Lesha Bank agree aircraft portfolio deal
Avolon and Lesha Bank have agreed to the sale and purchase of a portfolio of 33 aircraft leased to 25 airlines worldwide, the aviation finance companies said. The transaction marks an expansion of the relationship between Avolon and Lesha Bank and highlights continued institutional investor demand for leased aircraft and other aviation assets. Following completion, […]
Avolon agrees sale and purchase of 33 aircraft with Lesha Bank
Lesha Bank LLC and Avolon have announced an agreement for the sale and purchase of a portfolio of 33 aircraft, with the transaction comprising a diversified portfolio of commercial aircraft on lease to 25 airlines globally. Avolon, a global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. says the transaction represents a significant mileston…
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