Japan’s Orix to buy UK aircraft parts company AerFin as travel demand grows

Business deals

$640m deal seeks to bolster group’s aircraft-leasing business

Orix’s acquisition of AerFin will support the group’s aircraft leasing business. (Source photos by Nikkei and AerFin)

TOKYO — Orix will acquire U.K.-based aircraft aftermarket components company AerFin under plans announced Monday, aiming to expand the Japanese financial services group’s airplane-leasing business as travel demand rises.