Pursuits
Deal-Making Hits China Plane Leasing as Billionaire Li Jumps In
- Chinese companies cited in more than $16 billion of deals
- Rising air travel demand and steady yields are key attractions
Li Ka-shing.
Photographer: Lam Yik Fei/BloombergThis article is for subscribers only.
China is making the aircraft-leasing business a popular destination for mergers and acquisitions.
Plane-leasing companies in China have been involved in more than $16 billion worth of acquisitions since last year, according to figures compiled by Bloomberg. In addition, billionaire tycoons such as Li Ka-shing, Hong Kong’s richest man, have entered the industry during that period.