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Li Ka-shing may bid for Irish firm's planes

Acquisition will be his first major foray into aircraft leasing

Published Sun, Aug 3, 2014 · 10:00 PM
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[HONG KONG] Billionaire Li Ka-shing is considering bidding for a portfolio of planes being sold by Terra Firma Capital Partners Ltd's aircraft-leasing company, said people with knowledge of the matter.

Mr Li, Asia's richest man, may bid for the planes, owned by Awas Aviation Capital Ltd, using a group of companies he controls including Cheung Kong Holdings Ltd, said two of the people, who asked not to be named.

Dublin-based Awas plans to break up its fleet of abo…

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