SECOND ATTEMPT BY RBS TO SELL AIRCRAFT LEASING ARM

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By TESTCustomwebLP TESTCustomwebLP June 3, 2011 14:19

SECOND ATTEMPT BY RBS TO SELL AIRCRAFT LEASING ARM

RBS Aviation Capital is being put up for sale again, according to sources within the Royal Bank of Scotland. It is unsurprising. The lessor is a non-core part of the troubled UK bank, which is keen to divest non-essential assets to help boost its balance sheet in a bid to escape Government ownership.

RBS Aviation Capital serves 100 airline customers in 38 countries and has total lending and owned assets of $12 billion.

RBS tried to sell the leasing company in 2010 but it was put on hold.

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By TESTCustomwebLP TESTCustomwebLP June 3, 2011 14:19
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