International Lease Finance Corporation (ILFC) has signed an agreement with AerCap Holdings N.V. to acquire its AeroTurbine subsidiary. The acquisition of AeroTurbine will provide synergies and allow ILFC to realize more value from its fleet portfolio. These synergies will maximize the value in the remaining life and ultimate disposition of aircraft and provide a tool to optimize future aircraft portfolio and operational acquisitions. ILFC will be working with AerCap to close the
acquisition over the coming months.
ILFC Chief Executive Officer Henri Courpron commented, “The acquisition of AeroTurbine offers a new compelling strategic solution to maximize value across the complete life cycle of an aircraft. The ability to exercise this level of control over our assets will enhance value and as importantly, inspire new dialogue with airlines with respect to their fleet strategies.”
