AERCAP COMPLETES SALE OF 20% STAKE IN WAHA CAPITAL

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By TESTCustomwebLP TESTCustomwebLP November 12, 2010 10:14

AERCAP COMPLETES SALE OF 20% STAKE IN WAHA CAPITAL

Aercap has completed the sale of a 20% stake with Abu Dhabi-based investment holding company Waha Capital.

The Dublin-based lessor will receive $105 million in cash, Waha’s 50% interest in the joint venture company AerVenture and a 40% interest in Waha’s own 16-aircraft portfolio in return for the 29.8 million new shares.

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By TESTCustomwebLP TESTCustomwebLP November 12, 2010 10:14
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