AerCap

Worries about inflation and tariffs could drive further consolidation among lessors.

AerCap believes it is clear the industry continues to plan for a “lower for longer” supply environment reflected in increased lease rates and extensions.

A fire broke out on an Air Busan Airbus A321 leased from AerCap while at the gate at South Korea's Busan Gimhae International Airport on Jan. 28.

South African Airways (SAA) has rebuilt its fleet to 20 aircraft with the arrival of two Airbus A320s on lease from AerCap.

Air freight specialist Challenge Group has agreed to lease a pair of Boeing 777-300ERSF freighter conversions from AerCap.

Australia’s Alliance Aviation Services has executed two binding contracts with Scissortail Aviation and Bellinger Asset Management covering the sale of six Embraer E190 airframes.

The knock-on effects of Boeing’s strike-related inactivity are adding to fleet-planning and aftermarket support issues, AerCap CEO Aengus Kelly says.

While lessors have done well with lease rates surging, disrupted supply chains and other issues make normal business, let alone growth, complicated to manage.

Azerbaijan Airlines (AZAL) plans to lease three Airbus A320neos and three A321neos from AerCap, with delivery expected in 2026.

Airlines and lessors have at least one thing in common these days: unheard-of disruption as manufacturers fail to meet their delivery commitments.

AerCap says its deal with Spirit Airlines for 36 A320neos comes with the benefit of getting aircraft sooner than it could have by ordering from Airbus.

As the leasing landscape changes, lessors are employing lower-risk strategies.

Turkish Airlines has struck a lease deal with AerCap covering 10 additional Airbus A321neos, with further orders anticipated in 2024.

The aircraft leasing industry rescued airlines during the pandemic. Now lessors are rewarded through high lease rates and fast-improving profits.

The largest aircraft lessors could receive more than $2B by 2025 as insurance settlements from lost business and assets in Russia pay out faster than expected.

Airlines including Cebu Pacific, Malaysia Airlines, Thai Airways and Cathay Pacific are planning to place major orders.

Despite Spirit's reliance on leased aircraft, lessor specific exposure to the financially distressed airline is not large enough to raise any red flags.

AerCap CEO Aengus Kelly has rung the alarm bell on behalf of the Boeing 737 MAX customer base, which 2023 order numbers show is falling further behind Airbus.

The outlook for aircraft lessors in 2024 is sanguine thanks to industry tailwinds such as improving lease pricing.

Several lessors have received recent payouts from Russian insurance company NSK, covering aircraft stranded in Russia.

Aviation Week's managing editor for MRO, Lindsay Bjerregaard, steps onboard the "Big Twin" to discuss the Boeing 777-300ERSF cargo conversion.

GE took a 46% stake in AerCap as part of the latter’s acquisition of GE Capital Aviation Services (GECAS), which was completed in November 2021.

Turkish Airlines Chairman Ahmet Bolat updates Aviation Daily on the status of the flag-carrier's big order.

Domestic growth and overseas investment are stimulating Ireland’s MRO ecosystem.

Economic factors have caused airlines to displace other lessors as the main buyers of used aircraft.