Expansion for HK Aviation?

Expansion for HK Aviation?

: Latest News; Monday, 19 July 2010

Reports say China-backed Hong Kong Aviation Capital Co plans to raise as much as US$4 billion to buy planes and eventually intends to become one of the world's top five plane lessors.

HKAC will raise money through sources including debt and private equity.

The company also may make "one good acquisition," as it attempts to double its 68-plane fleet in the next 18 months, ceo Mathis Shinnick said, without adding details.

Expansion for HK Aviation?

: Latest News; Monday, 19 July 2010

Reports say China-backed Hong Kong Aviation Capital Co plans to raise as much as US$4 billion to buy planes and eventually intends to become one of the world's top five plane lessors.

HKAC will raise money through sources including debt and private equity.

The company also may make "one good acquisition," as it attempts to double its 68-plane fleet in the next 18 months, ceo Mathis Shinnick said, without adding details.