AerCap Reports Q1 Acquisitions, Sales, Lease Agreements

MT Newswires Live
04-04

AerCap (AER) said Friday that it made 49 purchases, completed 42 sale transactions, and signed 112 lease agreements during Q1.

The company said it purchased 13 aircraft, 35 engines and one helicopter, while it sold 29 aircraft, 11 engines and two helicopters during the quarter.

AerCap also said it signed lease agreements for four widebody aircraft, 47 narrowbody aircraft, 42 engines and 19 helicopters.

Financial details of the transactions were not disclosed.

Meanwhile, the company said it signed about $1.5 billion in financing transactions for the quarter.

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