RESIDCO Acquires Brown Aviation Lease Assets to Launch Flight Training Aircraft Leasing Platform

May 6, 2022

RESIDCO, a Chicago-based rail and aircraft leasing firm, acquired all assets of Brown Aviation Lease — including 31 aircraft on lease and five orders due in 2022 — to launch a dedicated flight training aircraft leasing platform. The transaction adds modern training aircraft (predominantly Cessna 172 Skyhawks, average fleet age ~4 years) to RESIDCO’s portfolio and aims to expand its leasing solutions for flight schools and university aviation programs.

Buyers
RESIDCO
Targets
Brown Aviation Lease
Sellers
Brown Aviation Lease
Location
Massachusetts, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.