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AerCap and OEMServices ink A220 component agreement

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AerCap and OEMServices ink A220 component agreement
AerCap and OEMServices have signed a seven-year component sale and leaseback agreement. AerCap Materials will provide A220 components to support OEMServices' customer base. ""Our common understanding of the market and the quality of the relationship that we have developed over the years have made this project possible,"" said OEMServices CEO Didier Grander. ""This agreement will certainly open up new opportunities between our two companies in the future."" AerCap Materials CEO Aimee Craig added: ""We are delighted to extend our strategic partnership with OEMServices as they grow their global support solutions for airlines around the world and we look forward to further enhancing our relationship with the OEMServices team."" The agreement expands upon established inventory financing solutions provided by AerCap Materials to OEMServices across various platforms, including A320 and A380 lines.