Avolon acquires $5B Castlelake Aviation portfolio, expanding its fleet to 1,137 aircraft.
Avolon, an aviation finance company, has announced its acquisition of Castlelake Aviation's $5 billion portfolio, which includes 105 aircraft and two engines, along with commitments for 13 more. This deal will enhance Avolon's market position, expanding its fleet to 1,137 owned, managed, and committed aircraft. In the first nine months of 2024, Avolon also purchased 134 aircraft and sold 85. The acquisition is expected to close in Q1 2025, pending customary conditions.
October 03, 2024
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