Bohai Financial to acquire leased aircraft from GE's GECAS

July 1, 2016 2:42 PM

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HONG KONG, July 1 Two of Chinese aircraft lessor Bohai Financial's subsidiaries have agreed to buy 45 leased aircraft worth $2 billion from General Electric's GECAS, it said on Friday.

The deal, to be conducted by Bohai's units Avolon Aerospace Leasing Ltd and Hong Kong Aviation Capital Ltd, will further boost Bohai Financial's foothold in the global aircraft leasing market.

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