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Onex Corp acquires 50% of the world's third largest manager of commercial jet aircraft

Toronto, Canada - The Canadian firm also purchases shares for 25 million dollars in Fly Leasing Limited

Onex Corporation completed the acquisition of a 50% interest in BBAM, the world’s third largest manager of commercial jet aircraft, for 165 million dollars. Onex and BBAM’s management team also completed the purchase of 25 million dollars of newly issued shares of FLY Leasing Limited, a leading global lessor of commercial jet aircraft managed by BBAM. Including this investment and the BBAM man...

AVIONEWS - World Aeronautical Press Agency - 1148632

AVIONEWS - World Aeronautical Press Agency
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