Who does AerCap lease to?
Egyptair
AerCap delivers a new Airbus A320neo aircraft on lease to Egyptair, the first of a 15 A320neo Family aircraft deal.
Who owns Aircap?
AerCap Holdings N.V.
The deal gave AerCap $43 billion in total assets and a fleet of over 1,300 aircraft, compared to GE Capital Aviation Services with a fleet of 1,800+ aircraft….AerCap.
| Type | Public |
|---|---|
| Total equity | US$ 9.5 billion (2019) |
| Number of employees | 390 (2019) |
| Parent | AerCap Holdings N.V. |
| Website | www.aercap.com |
What happened to ILFC?
The company was acquired by international insurance giant American International Group (AIG) in 1990, although the unit was still run by Udvar-Hazy until he retired in February 2010, who was succeeded by vice-chairman Alan Lund.
Who bought ILFC?
AerCap Completes Acquisition of ILFC from AIG and Closes Private Offering of $2.6 Billion Aggregate Principal Amount of Senior Notes.
Who is the CEO of AerCap?
Aengus Kelly (May 18, 2011–)
AerCap/CEO
How does AerCap make money?
New York-listed Aercap buys aircraft from manufacturers including Airbus and Boeing using its own cash combined with debt. The Irish company leases them to airlines around the world, using the rent to pay off the associated debt and to fund its ongoing business.
When did AerCap acquire ILFC?
On December 16, 2013, AerCap Holdings N.V. (“AerCap”) announced that it has entered into a definitive agreement with American International Group, Inc. (“AIG”) under which AerCap will acquire 100% of the common stock of International Lease Finance Corporation (“ILFC”), a wholly owned subsidiary of AIG.
What is International Lease Agreement?
International Lease: The international lease refers to the type of lease agreement where one or more parties to the lease agreement reside or are domiciled in different countries.
How old is Aengus Kelly?
47-year-old
AerCap’s 47-year-old CEO Aengus Kelly, who has more than two decades of experience in the leasing business, is no stranger to deal-making. He oversaw AerCap’s 2014 acquisition of ILFC from AIG in 2014.
Who is Gus Kelly?
Gustavus William Francis Blake “Gus” Kelly (2 April 1877 in Dublin, Ireland – 16 August 1951 in County Roscommon, Ireland) was an Irish cricketer. A right-handed batsman and a right-arm fast bowler, he played 18 times for the Ireland cricket team between 1895 and 1914 including nine first-class matches.
Why do Irish planes lease?
A favourable corporate tax regime, double tax treaties, first-rate infrastructure, highly skilled talent pool and rich aviation heritage, are among the reasons why the Irish aviation market has grown exponentially in recent years. Today, Ireland is an unrivalled centre of excellence within the aviation sector.
Who is the CEO of aercap?