Editor's Deal of the Year: Fly Leasing & Incline 84-aircraft portfolio acquisition

摘要

AirAsia Group entered into agreements to dispose of its aircraft leasing operations (Asia Aviation Capital) to entities managed by BBAM for $1.18 billion. Under the terms of the agreement, Fly Leasing purchased 33 aircraft and seven engines, Incline B Aviation (Incline) acquired 38 aircraft and seven engines, Nomura Babcock and Brown (NBB) acquired 13 aircraft. Of the 84-aircraft portfolio, 79 aircraft are leased back to AirAsia and its affiliates.