Bohai Leasing completed the acquisition of Avolon for $7.6bn.

Bohai Leasing, an infrastructure leasing service provider, completed the acquisition of Avolon, an aircraft leasing company, for $7.6bn. “Avolon is a leader in the aircraft leasing industry with a strong track record and a leading global platform. We are delighted to welcome Avolon to Bohai and the wider HNA family. Our aircraft leasing interests, now operating under the Avolon brand, position us as the world’s fourth largest aircraft lessor. This position is consistent with our corporate vision at Bohai - which is to build each of our transportation finance businesses into global leaders," Chris Jin, Bohai Leasing CEO.