AerCap Holdings and AerDragon, its Chinese joint venture, have signed purchase agreements for five new A330-300s which will be leased to Singapore Airlines. AerCap will lease four of the aircraft and AerDragon will lease one of the aircraft to Singapore Airlines.
Aengus Kelly, CEO of AerCap, said: "This transaction expands our total relationship with Singapore Airlines to seven A330s. The A330 is the most in-demand widebody aircraft in the world and represents a key element of AerCap's portfolio strategy. This transaction with Singapore Airlines and our joint venture partner AerDragon also provides us with a very attractive business opportunity to further strengthen our presence in the fast-growing Asia Pacific region."
AerCap and AerDragon lease A330s to SIA
