AirInsight
• Addison Schonland
Avolon Acquires Castlelake Aviation's $5B Aircraft Portfolio
Avolon announces a strategic acquisition of Castlelake Aviation's substantial portfolio, comprising 118 aircraft valued at $5 billion. The assets include 105 leased aircraft, commitments for 13 new technology airplanes, and additional engines and loans. The transaction will finalize in Q1 2025, enhancing Avolon's growth trajectory.