Wednesday, 8 April 2020

AerCap leased, purchased and sold 53 aircraft during in the first quarter of 2020

Photo AerCap
AerCap Holdings has released details of its major business transactions during the first quarter of 2020. 

AerCap is the global leader in aircraft leasing with, as of March 31, 2020, 1,372 owned, managed or on order aircraft in its portfolio. 

Its highlights in the first quarter include:
Signed lease agreements for 28 aircraft, including 10 widebody aircraft and 18 narrowbody aircraft.

Purchased 7 aircraft, including 5 Airbus A320neo Family aircraft, 1 Boeing 787-9 and 1 Embraer E2.

Executed sale transactions for 18 aircraft, including 5 Airbus A320 Family aircraft, 6 Boeing 737NGs and 1 Boeing 747 from AerCap's owned portfolio and 1 Airbus A320 Family aircraft, 2 Airbus A330s, 2 Boeing B777-200ERs and 1 Boeing B777-300ER from AerCap's managed portfolio.

We continue to manage 5 aircraft that were sold from our owned portfolio during the quarter.

Signed financing transactions for approximately $350 million.

AerCap has one of the most attractive order books in the industry. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.

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