Macquarie AirFinance plans to buy Awas aircraft assets

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Apr 3, 2013
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Irish aircraft lessor Macquarie AirFinance is reportedly in talks to buy approximately 100 new aircraft, which are being sold by Awas Aviation Capital for more than $4bn.
Sources familiar with the matter were quoted by Reuters as saying that Macquarie AirFinance is looking to finalise a deal by the end of this month.
Awas is owned by British private equity firm Terra Firma Capital Partners.As part of Awas's exit process, the company has put 100 aircraft up for sale in July.Goldman Sachs and Deutsche Bank were appointed by Terra Firma last year to evaluate exit options for Awas.
Awas has a portfolio of more than 300 aircraft, which are on lease to around 100 airline customers in 50 countries.http://www.aerospace-technology.com/news/newsmacquarie-airfinance-plans-to-buy-awas-aircraft-assets-4486019