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Heard in Hong Kong... the latest on Allco

07 November 2008

Read more: Allco

Where now for Allco's aviation business?

The future of Allco's aviation business hangs in the balance after the company appointed administrators to manage the affairs of the group and its subsidiaries.  Receiver Ferrier Hodgson is exploring all possible avenues, with a decision expected soon. Speculation amongst bankers and financiers at Airfinance Journal's 9th Asia-Pacific conference in Hong...


Quote

"A lot of people hoped these proposals would die under their own weight"

Michael Inglese, chief financial officer, Aircastle on the proposed new accounting standards


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