As reported by this news service on May 12, the sale of Engine Lease Finance Corporation (ELFC) to Mitsubishi UFJ Lease and Finance Co (MUL) was finalised yesterday. ELFC’s President and CEO, Jon Sharp, says: “We are very excited by this move to MUL. MUL is one of Japan’s largest leasing companies and is renowned for its innovative approach to asset finance and for aggressively expanding its global business activities. We are being encouraged to grow and to develop our business model, including transitioning into new areas, and being more flexible and creative in our existing well-proven sphere of business.
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