AerCap leased, purchased and sold 436 aircraft in 2018

Lauren Eldershaw
By Lauren Eldershaw January 3, 2019 09:27

AerCap leased, purchased and sold 436 aircraft in 2018

AerCap has reported a record number of transactions during the full year and fourth quarter 2018.

Aengus Kelly, CEO of AerCap commented, “Q4 was a record quarter for AerCap. We executed 145 aircraft transactions including 72 leases, 36 sales of older aircraft and 37 purchases of the most in demand new technology aircraft. I would particularly like to note that we have now leased 48 of the 50 Embraer E-2 aircraft that we have on order. Further to this we continued to add to AerCap’s lender group through the execution of $500 million of new debt facilities and ended the year with approximately $10bn in available liquidity.”

He adds: “These activities illustrate the unmatched capability and scale of AerCap’s platform. It also highlights the continued demand for our aircraft both to meet our airline customers’ needs and as an asset class for investors.”

Lauren Eldershaw
By Lauren Eldershaw January 3, 2019 09:27