AerCap has announced a significant legal victory in the Commercial Court in London. In a judgment delivered on June 11, the court found that AerCap’s subsidiary, AerCap Ireland Limited, is entitled to an indemnity payment of approximately US$1 billion. This sum is to be recovered from insurers under the “War and Allied Perils” coverage section […]
London Court awards AerCap US$1 billion insurance indemnity Read More »
The Milestone Aviation Group Limited (Milestone), a prominent leader in helicopter leasing, has announced that it has been awarded the contract for the purchase and lease-back of five new Leonardo AW189 helicopters with Equinor Energy AS (Equinor), a supplier of energy to Europe and the largest oil and gas operator on the Norwegian Continental Shelf.
Milestone Aviation secures helicopter leasing agreement with Equinor Read More »
Broward Aviation Services (BAS), a specialised aircraft parts provider, has acquired a Boeing 737NG aircraft (MSN 32798) from AerCap. The dismantling of the aircraft, previously operated by South Korean carrier t’way Air, will take place at the AerCap Materials facility at Greenwood-Leflore County Airport in Mississippi and will be completed by mid-February. Approximately 800 desirable
BAS acquires B737NG for disassembly Read More »
Challenge Group announced at a press conference at its headquarters in Malta last week, its leasing of two additional Boeing 777-300ERSF converted freighters from AerCap. This makes Challenge Group the first European operator of these aircraft, often referred to as the “Big Twins.” These passenger-to-freighter conversions are distinguished by their enhanced cargo capacity and superior
Challenge Group to lease two Boeing 777-300ERSFs from AerCap Read More »
AerCap Holdings N.V. has unveiled a summary of its major business transactions for both the full year and the fourth quarter of 2024, showcasing remarkable accomplishments in leasing, purchasing, sales and shareholder returns. For the full year 2024, AerCap signed 496 lease agreements, completed 150 purchases and concluded 166 sale transactions. The company also secured
AerCap reports key business milestones for 2024 Read More »
AerCap Holdings N.V. has announced a new agreement to lease two Boeing 737-800 aircraft to Mukamalah Aviation Company, a subsidiary of Aramco operating as Aloula Aviation. These aircraft will support the transportation of passengers within the Aramco Group in Saudi Arabia. This partnership extends the long-standing relationship between AerCap and Aramco, which previously focused on
AerCap expands partnership with Aloula Aviation through Boeing 737-800 Lease Read More »
AerCap has entered into lease agreements with Azerbaijan Airlines (AZAL) for six new Airbus CFM LEAP-powered aircraft, consisting of three A320neos and three A321neos, scheduled for delivery in 2026. The agreement was signed by Samir Rzayev, President of Azerbaijan Airlines CJSC and Peter Anderson, Chief Commercial Officer of AerCap. Peter Anderson expressed excitement over the
Azerbaijan Airlines to lease six new Airbus aircraft from AerCap Read More »
AerCap Holdings has reached an agreement with Turkish Airlines for the lease of ten new Airbus A321neo aircraft. Commenting on the agreement, Turkish Airlines Chairman of the Board and Executive Committee, Prof. Ahmet Bolat, expressed satisfaction with the fleet enhancement through the partnership with AerCap. He highlighted that this addition aligns with Turkish Airlines’ strategy
AerCap and Turkish Airlines agree on lease for ten A321neos Read More »
AerCap has signed lease agreements for four 737-800 Boeing Converted Freighter (BCF) aircraft with JD Airlines, the cargo airline of JD Logistics (also known as Jingdong Logistics). These aircraft are scheduled for delivery in 2024. The aircraft will be operated on behalf of JD Logistics, a subsidiary of JD.com, a leading supply chain-based technology and
AerCap signs lease agreements with JD Airlines for 737-800 Boeing Converted Freighters Read More »
AerCap Holdings N.V. (AerCap) hosted its 2024 Capital Markets Day in New York on May 8, 2024. AerCap’s CEO Aengus Kelly, along with other senior leaders, were discussing the company’s strategic priorities and outlook for the near and longer term. In conjunction with the investor conference, the company unveiled several significant announcements. Foremost among them
AerCap unveils new CFM LEAP engine deal at 2024 Capital Markets Day Read More »
