© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd
Posted 11th January 2016

Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd

Bohai Leasing (“Bohai”) announces the completion of its acquisition of Avolon Holdings, the international aircraft leasing company.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd
Image

Bohai Leasing Completes Acquisition of Avolon Holdings, Ltd

Bohai Leasing (“Bohai”) announces the completion of its acquisition of Avolon Holdings, the international aircraft leasing company.

As a wholly-owned subsidiary of Bohai, Avolon will be combined with Bohai’s existing aircraft leasing businesses to form the world’s 4th largest aircraft leasing firm inclusive of orders. In completing the acquisition Bohai is taking a large step towards its goal to become amongst the top 3 aircraft leasing companies in the world.

Transaction Highlights

·        Avolon is now a wholly-owned, indirect subsidiary of Bohai Leasing, a global leader in transportation (container and aircraft) asset leasing;

·        Bohai is the only listed leasing company on the Chinese A-Share stock market and is majority owned by HNA Group, a Fortune 500 company with global interests in a range of sectors including aviation, leasing, logistics, tourism and transportation;

·        Bohai will continue Avolon as the core aircraft leasing brand for Bohai Leasing and its parent, HNA Group. Bohai will combine its Hong Kong Aviation Capital (HKAC) aircraft leasing business into Avolon;

·        Including Avolon, HKAC and other aircraft leasing assets, Bohai will now have a total fleet of more than 500 aircraft – the world’s fourth largest aircraft leasing business by asset value;

·        Avolon will remain headquartered in Dublin, with a strategic Asian regional head office in Hong Kong and offices in Dubai, Shanghai, Singapore and the United States;

·        Bohai Leasing will retain Avolon’s management team, all of whom remain with the integrated business which has a total employee base of 88 people;

·        HNA Group, majority owner of Bohai Leasing, continues to expand its extensive interests in the aviation sector globally including:

1.      Interests in 25 airlines: 20 in China along with airlines in Brazil, France, Portugal, South Africa and Turkey;

2.      Owner of 9 airports in China with a stated ambition to invest in airports in other markets;

3.      Owner of myTechnic, a large European aviation maintenance, repair and overhaul (MRO) business;

4.      Owner of Swissport, the world’s leading provider of ground and cargo handling services to the aviation industry with a presence at over 270 airports in 48 countries on five continents;

·        As part of Bohai and the HNA Group, Avolon has a medium-term objective to become a top 3 aircraft lessor globally.

Chris Jin, CEO of Bohai Leasing, said:

“Avolon is a leader in the aircraft leasing industry with a strong track record and a leading global platform. We are delighted to welcome Avolon to Bohai and the wider HNA family. Our aircraft leasing interests, now operating under the Avolon brand, position us as the world’s fourth largest aircraft lessor. This position is consistent with our corporate vision at Bohai – which is to build each of our transportation finance businesses into global leaders.

“The Avolon team has delivered remarkable growth over the past 6 years to become a leading industry franchise with a distinct business model and together we are now entering another exciting phase of growth.”

 Adam Tan, President of HNA Group, commented:

“HNA continues to invest across a range of sectors which we believe offer strong, sustainable returns. The aviation sector has been at the core of the HNA business since it was founded and we are pleased to have acquired a successful business and proven management team in Avolon who share our ambitious growth plans. Bohai now has two of the world’s leading leasing businesses – in container and aircraft leasing – and we are committed to continuing to invest in their future success in their respective sectors.”

Avolon CEO, Dómhnal Slattery, added:

“The completion of our acquisition by Bohai is an exciting step in the development of Avolon. We are delighted to be part of Bohai and the wider HNA Group who share our ambitious growth plans. With a fleet of over 500 aircraft, we are now the world’s fourth largest aircraft leasing firm.

“The Avolon management team remains committed to the business and we see significant opportunities for growth under Bohai’s ownership. We have a proven management team, a strong market position and a parent with the industry experience and financial strength to support our objective to become a top 3 player in the industry.”

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
Five Digital Trends That Are Revolutionising the Oil and Gas Sector
News
06/03/2025Five Digital Trends That Are Revolutionising the Oil and Gas Sector

The oil and gas sector, historically known for its reliance on traditional practices and heavy machinery, is undergoing a profound digital revolution.

Read Full PostRead - Eye Icon
Lazard Advises Planview’s Acquisition of Troux
Legal
24/06/2015Lazard Advises Planview’s Acquisition of Troux

Lazard Advises Planview's Acquisition of Troux

Read Full PostRead - Eye Icon
International engineering consultancy Thornton Tomasetti to acquire MMI Engineering
Leadership
14/06/2018International engineering consultancy Thornton Tomasetti to acquire MMI Engineering

Thornton Tomasetti, the international engineering consultancy, has agreed to acquire MMI Engineering (“MMI”), the technical consulting specialist focused on the risk management of man-made and natural hazards across the oil and gas, nuclear, utilities and

Read Full PostRead - Eye Icon
Financial Process Automation: A Guide For Tech-Savvy CFOs
News
11/09/2023Financial Process Automation: A Guide For Tech-Savvy CFOs

In today’s fast-paced digital landscape, the role of a Chief Financial Officer (CFO) has evolved beyond just basic number crunching. Gone are the days when the CFO’s domain was confined to boring spreadsheets and ledgers. As a modern and tech-savvy

Read Full PostRead - Eye Icon
Liquid Finance Receives Line of Credit From Shawbrook
Finance
21/04/2015Liquid Finance Receives Line of Credit From Shawbrook

Liquid Finance Partnership Ltd (LFPL), a leader in the Merchant Cash Advance sector of the fast growing Alternative Funding market, today announced the establishment of a line of credit with Shawbrook Asset Finance, a division of Shawbrook Bank.

Read Full PostRead - Eye Icon
relayr Completes Second Strategic Acquisition
Innovation
28/02/2017relayr Completes Second Strategic Acquisition

relayr, the global enterprise Internet-of-Things (IoT) platform provider, announces its second strategic acquisition within two months.

Read Full PostRead - Eye Icon
Personal Loans Vs. Credit Cards: What You Should Know
News
12/09/2024Personal Loans Vs. Credit Cards: What You Should Know

While often ignored, choosing the right borrowing option is critical when managing personal finances. Personal loans and credit cards are the most preferred financial tools. They serve different purposes and distinctly affect your financial health. Be it to fu

Read Full PostRead - Eye Icon
Is Bitcoins a Good Investment? 4 Ways to Make Serious Money in Online Trading
Finance
15/11/2021Is Bitcoins a Good Investment? 4 Ways to Make Serious Money in Online Trading

Many people have asked the question: is Bitcoin a good investment? This is a simple question to answer, as Bitcoin has become the talk of town. This virtual currency is not governed by any government and it functions through the network of computers across the

Read Full PostRead - Eye Icon
Global Means Business
Innovation
08/02/2019Global Means Business

Sintetica is a Swiss pharmaceutical company delivering innovative injectable anaesthetics and analgesics to patients worldwide through innovative science and excellence in development, production and marketing. Taking time out of his busy schedule is Global Ma



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow