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B&B Air to acquire 5 aircraft, increasing fleet to 59 aircraft

Dublin, Ireland - Since its launch last year, B&B Air has increased its portfolio by 26% to 59 aircraft

Babcock & Brown Air Limited, a global lessor of commercial jet aircraft, has acquired five additional aircraft, increasing its fleet to a total of 59 acquired and committed aircraft. The five aircraft, on lease to four airlines in two continents, cost approximately USD 265 million. The acquisitions are being funded from the Company's five-year, USD 1.1 billion acquisition credit facility. When...

AVIONEWS - World Aeronautical Press Agency - 1087409

AVIONEWS - World Aeronautical Press Agency
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