AerCap has released its major business transactions during the first quarter of 2020. The company signed lease agreements for 28 aircraft, including ten wide-body aircraft and 18 narrow-body aircraft and purchased seven aircraft, including five Airbus A320neo Family aircraft, one Boeing 787-9 and one Embraer E2 aircraft.
AerCap executed sale transactions for 18 aircraft, including five Airbus A320 Family aircraft, six Boeing 737NGs and one Boeing 747 aircraft from its owned portfolio and one Airbus A320 Family aircraft, two Airbus A330s, two Boeing B777-200ERs and one Boeing B777-300ER aircraft from its managed portfolio. AirCap is continuing to manage five aircraft that were sold from its owned portfolio during the quarter.
The company has signed financing transactions for approximately US$350 million.
