AerCap Holdings has signed an agreement to sell a 19-aircraft portfolio to Dara Aviation, an Irish entity established by NCB Capital. NCB Capital has $40 billion of assets under management and is the brokerage arm of the National Commercial Bank, the largest bank in Saudi Arabia. This is the second portfolio acquired by NCB Capital from AerCap following their purchase of 21 aircraft in 2017, which AerCap services.   The 19-aircraft portfolio consists of a mix of wide-body and narrow-body aircraft on lease to airlines around the world. As part of the sale, Dara has appointed AerCap as exclusive Servicer. AerCap will

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