Private equity firm Onex Corp. continues its recent acquisition streak by purchasing a 50 percent stake in BBAM LLC, a manager of commercial jet aircraft, for $165 million.

Onex and the BBAM management team also announced the purchase of $25 million of newly issued shares of FLY Leasing Ltd., a lessor of commercial jet aircraft managed by BBAM.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.