SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates the world’s second largest aircraft lessor by number of aircraft, SMBC said on Wednesday.
The purchase of Goshawk for an enterprise value of $6.7 billion was announced in May. It creates a lessor with a portfolio of 700 owned and managed aircraft with orders from Boeing (BA.N) and Airbus (AIR.PA) for 240 more, SMBC said.
Source: Reuters.com