AerCap Holdings (AerCap) has announced its major business transactions during the full-year and fourth quarter 2021:
AerCap completed the GECAS transaction on November 1, 2021, making AerCap a worldwide industry leader across all areas of aviation leasing: aircraft, engines and helicopters.
During the full year 2021 the company raised long-term funding of approximately US$30.5 billion, including US$24 billion in the fourth quarter to finance the GECAS acquisition. AerCap signed 311 lease agreements, completed 65 purchases and executed 62 sale transactions during 2021
During the fourth quarter AerCap signed 158 lease agreements, including 19 wide-body aircraft and 92 narrow-body aircraft, 27 engines and 20 helicopters. The company completed 42 purchases for 29 aircraft (including 16 Airbus A320neo-family aircraft, one Airbus A220 aircraft and five Boeing 737 MAX aircraft for AerCap’s owned aircraft portfolio and seven aircraft for AerCap’s managed aircraft portfolio), five engines and eight helicopters.
AerCap executed 30 sale transactions for 23 aircraft (including five Airbus A320-family aircraft, two Airbus A320neo-family aircraft, five Boeing 737NGs, four Boeing 757s, two Boeing 737 MAX aircraft and one Boeing 767-300ER from AerCap’s owned aircraft portfolio and four aircraft from AerCap’s managed aircraft portfolio), four engines and three helicopters. (£1.00 = US$1.36 at time of publication)
