Standard Chartered is considering a sale, among several options, of its aviation unit, which according to an industry publication owns a fleet worth around $3.7 billion.
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. REUTERS/Peter Nichollsis considering a sale, among several options, of its aviation unit, which according to an industry publication owns a fleet worth around $3.7 billion.
StanChart's aviation financing business was ranked as the 21st biggest lessor based on the $3.7 billion market value of its fleet in publisher Airfinance Journal's 2022 rankings. The regulatory and practical complexities of taking over the sprawling bank could stymie any deal, analysts and investors said at the time of the FAB statement.
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