AerCap Holdings (AER) announced it has signed a seven-year agreement with GE Aerospace (GE) to provide lease pool management services for the GE9X engine. The agreement also extends AerCap’s ongoing lease pool support for GEnx, GE90, CF6 and CF34 engines. The agreement calls for AerCap to provide GE9X shop visit management, lease return coordination and technical services, as well as lease documentation and administration support.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AER:
- Spirit Airlines receives approval for financing, agreement with AerCap
- AerCap announces major business transactions during Q3
- AerCap Holdings Issues $1.2 Billion in Senior Notes to Bolster Financial Position
- AerCap Holdings Prices $1.2 Billion Senior Notes Offering
- AerCap Secures €91 Million Insurance Settlement Amidst Legal Victory