Aircraft lessor SMBC completes $6.7 billion purchase of rival Goshawk

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DUBLIN (Reuters) – SMBC Aviation Capital has completed its purchase of smaller rival Goshawk Aviation in a deal that creates the world’s second largest aircraft lessor by number of aircraft, SMBC said on Wednesday.

The purchase of Goshawk for an enterprise value of $6.7 billion was announced in May. It creates a lessor with a portfolio of 700 owned and managed aircraft with orders from Boeing (NYSE:BA) and Airbus for 240 more, SMBC said.