Thursday, 8 April 2021

AerCap leased, purchased and Sold 70 aircraft in the first quarter of 2021

AerCap, a global leader in aircraft leasing with one of the most attractive order books in the industry, serving approximately 200 customers in approximately 80 countries with comprehensive fleet solutions, has released details of its performance during the first quarter of the year.

The company has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.

Signed lease agreements for 60 aircraft, including 28 widebody aircraft and 32 narrowbody aircraft.
Purchased 1 aircraft, 1 Embraer E2.
Executed sale transactions for 9 aircraft, including 2 Airbus A320 Family aircraft, 1 Airbus A330, 2 Boeing 737NGs, 1 Boeing 787-8 and 3 Boeing 767-300ERs from AerCap's owned portfolio.
Issued $1 billion of 5-year senior unsecured notes with a 1.75% coupon.
Entered into a definitive agreement with General Electric (NYSE:GE) under which AerCap will acquire 100% of GE Capital Aviation Services ("GECAS"), a GE business, as previously announced. Entered into a bridge credit agreement, term loan agreement and revolving credit agreement for an aggregate amount of $28.4 billion associated with the acquisition of GECAS.

More top stories you might be interested in.....

No comments: