Macquarie AirFinance, a provider of aircraft leasing and financing solutions, has agreed to acquire an additional portfolio of 23 aircraft from ALAFCO Aviation Lease and Finance Company for approximately $1.1 billion.
The portfolio consists of predominantly new technology commercial passenger aircraft with an average age of approximately five years. The portfolio is currently leased to 10 airlines located in nine countries.
The transaction is in addition to Macquarie AirFinance’s existing agreement with ALAFCO to purchase a diverse portfolio composed of 53 aircraft and an order book of 20 Boeing 737 MAX aircraft for approximately $2.2 billion, and it increases the total number of aircraft that Macquarie AirFinance intends to acquire from ALAFCO to 76.
The acquisition of the further 23 aircraft will help facilitate the transition of Macquarie AirFinance’
