AviLease purchases Boeing 787-9 aircraft from BBAM
AviLease, a global aircraft lessor, has acquired a Boeing 787-9 aircraft from BBAM, a prominent global lessor with $18 billion in aviation assets under management.
Image: AviLease
The transaction marks the first collaboration between AviLease and BBAM and introduces the first Boeing 787-9 on operating lease to AviLease’s expanding fleet.
Edward O'Byrne, chief executive officer of AviLease, said: “We would like to thank our partner BBAM. We view this transaction as the beginning of a strong trading partnership. The Boeing 787-9, as new technology, fuel-efficient aircraft aligns well with our investment strategy. This acquisition further supports the yield of our portfolio.”
Steve Zissis, CEO & President of BBAM, added: “We are happy to do our first deal with AviLease and look forward to further collaboration as AviLease becomes a significant lessor to airlines around the world.”
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