Engine Lease Finance Corporation has acquired a majority shareholding in INAV LLC, the Chicago-based parts company known as Inventory Navigators. Jon Sharp, Group President and CEO of ELF, sees this as a significant strategic move for the company he founded. “This move gives us control of our aero-engine assets from cradle to grave. Our business model always has been to acquire new equipment and place it on long term leases, following which we deploy those assets in the short-term lease market, ultimately burning off the greentime before liquidating them through the part-out process. We have traditionally carried out the latter

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