AerCap boosts A320neo portfolio by 50 aircraft

Aircraft lessor AerCap holdings N.V. has upped its A320neo portfolio after signing a firm agreement to buy 50 additional aircraft. This transaction brings AerCap’s firm orders for the A320neo Family aircraft to a total of 270, owned and on order. Aengus Kelly, CEO of AerCap said, “As the largest lessor of the A320neo Family aircraft, we have already placed three-quarters of our A320neo Family aircraft from our existing forward order book with Airbus. We have seen significant market appetite for these aircraft from our diverse customer base. This transaction is in line with our portfolio strategy of investing in the most in-demand modern technology aircraft in the world.”