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Aircraft leasing companies merge

Airline Industry Information, Sept 25, 2000

AIRLINE INDUSTRY INFORMATION-(C)1997-2000 M2 COMMUNICATIONS LTD

Aircraft leasing companies debis AirFinance of the Netherlands and AerFi of Ireland have agreed to merge to form what will be the world`s third largest company in the aircraft leasing sector, according to the two companies.

debis AirFinance will acquire all of AerFi`s outstanding ordinary share capital in an all-cash offer of USD750m and will run the company under its own name. The combined company will be headquartered in Amsterdam with other offices in Shannon, Ireland; Malmo, Sweden; and Fort Lauderdale/Florida, USA.

((Comments on this story may be sent to aii.feedback@m2.com))

COPYRIGHT 2000 M2 Communications Ltd.
COPYRIGHT 2000 Gale Group
 

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