Aercap

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EU regulators have approved Irish group Aercap’s €25 billion takeover of GE Capital Aviation Services (Gecas) to create the world’s biggest aircraft lessor

EU regulators have approved Irish group Aercap’s €25 billion takeover of GE Capital Aviation Services (Gecas) to create the world’s biggest aircraft (...)

Aercap chief executive Aengus Kelly.

Irish aircraft leasing company AerCap is set to secure unconditional EU antitrust approval for its $30 billion (€25.46bn) bid for General Electric’s a(...)

Former Aer Lingus chairman Colm Barrington, chief executive of Fly Leasing. Photograph: Alan Betson/The Irish Times

Fly Leasing chief executive Colm Barrington said on Monday that private equity firms’ demand for assets prompted the Irish company’s $2.36 billion (€2(...)

Aengus Kelly, chief executive of  AerCap Holdings. Photograph: Dara Mac Dónaill

Aengus Kelly knows a bargain when he sees one. The chief executive officer of aircraft leasing company AerCap made his most audacious move yet in a c(...)

AerCap chief executive Aengus Kelly would lead a group with over 3,000 planes owned, managed or on order if group buys GE’s leasing business. Photograph: Dara Mac Dónaill

General Electric is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings people familiar with the matter said, in a(...)

90/91 St Stephen’s Green occupies a prime location in Dublin’s core central business district

Prospective purchasers of numbers 90-91 St Stephen’s Green in Dublin 2 will be interested to learn of a development involving the building’s tenant, S(...)

Norwegian Air Shuttle is seeking to implement a rescue. Photograph: iStock

Troubled airline Norwegian Air Shuttle (NAS) is seeking to hand back 36 aircraft to lessors as it seeks to cut its fleet in an overhaul of the busines(...)

Norwegian and five Irish subsidiaries are under High Court protection from creditors since mid November, when it had debts of more than €4 billion, while Mr Wallace puts together a rescue plan for the airline group. Photograph: iStock

Norwegian Air Shuttle’s (NAS) High Court-appointed examiner has another month to finalise a rescue plan for the troubled airline group. NAS and five (...)

‘Airlines will need ongoing access to emergency liquidity - including government support’. Photograph: Chris Ratcliffe/Bloomberg

More airlines will go out of business this year as the industry faces the loss of a further $38 billion, according to a new report. The International(...)

Norwegian Air Shuttle has been shifting planes from Scandinavian bases to Shannon Airport in recent in weeks in preparation for returning them to the aircraft lessors that supply most of its 140-strong fleet. Photograph: Norwegian Air/PA Wire

Norwegian Air Shuttle (NAS) has been moving aircraft to Shannon Airport as the troubled carrier begins cutting its fleet ahead of restructuring. NAS (...)

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