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DUBLIN, Ireland – Avolon, the international aircraft leasing company, today issues an update for the first quarter of 2016.
DUBLIN, Ireland – Avolon, the international aircraft leasing company, today issues an update for the first quarter of 2016. Following its acquisition by Bohai Leasing in early January 2016, Avolon’s total owned, managed and committed fleet at 31 March, 2016 was 402 aircraft.
Avolon is the core aircraft leasing brand for Bohai Leasing and its parent, HNA Group. Together with HNA Group and Bohai’s other aircraft leasing interests, Avolon is the world’s fourth largest aircraft leasing business by asset value.
Avolon has significant financial capacity to build on this position. Bohai secured US$1.2 billion of additional equity for its aircraft leasing business during 2016 bringing total available liquidity to US$3 billion for Avolon to accelerate growth in the year and beyond.
The Boeing Company on Thursday (local time) agreed to pay over USD 2.5 million to resolve a criminal charge with the US Department of Justice after being accuse
And then he went onto neilson. this is somebody who s seasoned in terms of running a major corporation. not only that, i think they look at david calhoun and they say look, he s going to have a long time airline executive who s going to be the chairman and the president of the ceo, calhoun is going to come up a game plan to get the max back on the air and fix boeing s reputation when it comes to airline customers and regulators and etc. if he knew the game plan, had he been keeping it a secret over the last year and a half. the economic impact of the 737 max, you can t under state it. i understand what you are saying. do i think he had a game plan and oh, let me bring this out, i don t think that s the case. david calhoun comes into this
To fly. but the fact that boeing is even considering curbing production of this troubled plane is a huge turn of events. up until now, if you remember, boeing has been very positive, in fact bullish, saying that it was looking forward to approval of the plane to fly again some time in the fourth quarter of this year and with that timeline boeing even put out a press statement a while back saying that it was looking to resume deliveries to airline customers in december. that s this month. that s not going to happen. well, the change in tone of course comes after the faa made it very clear, this was just last week, that they do not plan on clearing the plane to fly this year and that this would stretch into 2020. goodness, yeah, still a lot of questions on the jet. renee marsh, thanks very much. another story we re following today. two of the top u.s. military academies are investigating several students after they were seen on live television making a possible white power hand gestu