AerCap Holdings has released details of its major business transactions during the first quarter 2020.
These include, signing a lease agreement for 28 aircraft, including 10 widebody aircraft and 18 narrowbody aircraft, purchasing 7 aircraft, including 5 Airbus A320neo Family aircraft, 1 Boeing 787-9 and 1 Embraer E2.
It also sold 18 aircraft, including 5 Airbus A320 Family aircraft, 6 Boeing 737NGs and 1 Boeing 747 from AerCap's owned portfolio and 1 Airbus A320 Family aircraft, 2 Airbus A330s, 2 Boeing B777-200ERs and 1 Boeing B777-300ER from AerCap's managed portfolio.
“We continue to manage 5 aircraft that were sold from our owned portfolio during the quarter,” the firm said in a statement.