AerCap signs $7.2bn of financing deals in first quarter
Irish aircraft leasing giant had 1,541 craft on books at end of March
AerCap chief executive Aengus Kelly. The company signed lease agreements for 69 aircraft, bought a further 11 and sold 25 in the first three months of the year. Photograph: Dara Mac Dónaill
Irish aircraft leasing giant AerCap signed $7.2 billion (€6.7 billion) worth of transactions in the first three months of the year.
AerCap signed lease agreements for 69 aircraft, bought a further 11 and sold 25 aircraft during the three-month period.
The New York-listed company said it had signed financing transactions for $7.2 billion during the quarter, more than the $4.6 billion it signed in 2016.