AerCap

AerCap has delivered the first A321P2F converted aircraft to IndiGo

AerCap delivers first A321P2F converted aircraft to IndiGo

Aircraft & Engines

AerCap has announced the delivery of its first Airbus A321 passenger-to-freighter (P2F) converted aircraft to IndiGo. The aircraft conversion was completed by Elbe Flugzeugwerke (EFW) before being delivered to IndiGo at ST Engineering Aerospace in Singapore. “We are delighted to celebrate the delivery of AerCap’s first A321P2F aircraft with our longstanding customer, IndiGo. The A321P2F […]

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AerCap

AerCap reaches landmark agreement with insurers over stranded Aeroflot jets

Aircraft & Engines

As the conflict between Russia and Ukraine continues, Irish aircraft lessor AerCap has reached an agreement with insurers over 17 jets it has on lease to Aeroflot and which are presently stranded in Russia. Currently there are over 400 Western aircraft in Russia as a consequence of the invasion of Ukraine. AerCap has confirmed it

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ASKY Airlines has signed lease agreements for two used Boeing 737-8 MAX aircraft

AerCap signs lease agreements with new customer ASKY Airlines

Aircraft & Engines

AerCap Holdings has signed lease agreements for two used Boeing 737-8 MAX aircraft with ASKY Airlines, the Pan-African carrier, headquartered in Togo. The aircraft are scheduled to deliver June through August 2023. In attendance at the announcement ceremony were the CEO of ASKY, Esayas W. HAILU, the CEO of AerCap, Aengus Kelly, the Board Chairman

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AerCap Holdings N.V. reports first quarter 2008 results

Financial / Leave a Comment

AerCap recorded first quarter 2008 net income of $50.9 million. Included in the first quarter 2008 net income amount were non-cash charges related to the mark-to-market of interest rate caps and share-based compensation of $9.0 million net of tax. Total revenue in first quarter 2008 decreased 5% compared with first quarter 2007. This decrease was

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AerCap releases first quarter transactions

Aircraft & Engines / Leave a Comment

AirCap signed new lease agreements for 23 aircraft, delivered seven aircraft and ten engines under lease agreements, purchased 19 aircraft, sold eight aircraft, and disassembled three older aircraft. In addition to transactions closed in the first quarter 2008, AerCap closed two financing transactions during April 2008 which increased available funding by $338 million. These debt

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AerCap Holdings reports fourth quarter and full year 2007 financial results

Financial / Leave a Comment

Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million

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