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Allco Aviation sale completed
07 January 2010
HNA Group finally acquires Allco Aviation seven months after being named the buyer.
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[Allco Aviation]
[Hong Kong Aviation]
[HNA Group]
[Ferrier Hodgson]
[Bravia Capital]
One year after the sale began, and seven months after the buyer was announced, Allco Aviation has finally been sold. The closing has ended what has been one of the most complicated aircraft leasing company sales ever.
The sale has been finalised despite the opposition of several Allco Aviation aircraft lenders towards HNA Group’s bid.
“We are very pleased to see the sale completed and control of the business in the hands of the purchaser,” says Peter...
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