Free Trial

Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Fortress to acquire BAE Systems Asset Management

27 May 2011

Fortress Investment Group will buy BAE Systems' commercial aircraft portfolio and asset management business for $187 million.

Read more: Fortress Investment Group BAE Systems Asset Management BAE Systems

BAE Systems says it will sell its commercial aircraft leasing portfolio and asset management business to funds managed by Fortress Investment Group.

The $187 million sale is expected...


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


Upcoming Events