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TEAM investment for Marubeni and ST Aerospace
20 June 2011
Marubeni and ST Aerospace will invest $100 million over two years in a new engine leasing joint venture, Total Engine Asset Management (TEAM).
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Marubeni Corporation
CFM56
engine leasing
TEAM
ST Aerospace
Marubeni Corporation and Singapore Technologies Aerospace (ST Aerospace) have partnered to form Total Engine Asset Management (TEAM), a 50/50 joint venture to lease engines.
Singapore-based TEAM will deploy around $100 million over the next two years....
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