ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Transportation

Li Ka-shing to exit jet-leasing business in $4.3bn deal

CK Asset cites 'volatile and unpredictable' returns amid COVID

Malaysia Airlines is one of a number of AMCK Aviation customers facing financial distress. 

HONG KONG -- Hong Kong tycoon Li Ka-shing and his son Victor have agreed to sell the jet-leasing business built up over the last seven years to an investment vehicle managed by private equity company Carlyle Group for $4.28 billion.

The business, now known as AMCK Aviation, is mostly controlled by Hong Kong-listed CK Asset Holdings while the charitable Li Ka Shing Foundation also has a small stake. Victor Li serves as chairman of CK Asset and deputy chairman of the foundation.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more