|Aer Lingus aircraft T2 Dublin Airport|
AerCap Leased, Purchased and Sold 405 Aircraft in 2015
AerCap announced its transactions during the full year and fourth quarter 2015: Full Year 2015 Transactions Signed lease agreements for 276 aircraft. Purchased 46 new aircraft. Executed sale and part-out transactions for 83 aircraft and signed financing transactions for $7.3 billion.
AerCap plays down fears of price war over big jets
The head of one of the world's biggest aviation fleets played down the risk of a price war over big jets like the Boeing 777 on Tuesday, saying its U.S. manufacturer would rather sacrifice production than risk damaging its own portfolio. Aengus Kelly, chief executive of AerCap, the world's largest independent aircraft leasing company, told Reuters that Boeing would avoid reckless pricing of the current model in order to shield sales of the 777X, now in development.
Aercap CEO sees no slowdown in demand for new fuel-efficient planes
Aercap CEO Aengus Kelly says has seen no slowdown in demand for new fuel-efficient planes following fall in oil price. Tells Airline Economics conference in Dublin that AerCap sees increased demand for older aircraft, but no sign of fall in interest for newer planes.
'Airlines are now able to fly routes that were unprofitable when oil was at $100 a barrel'
As a youngster, Aengus Kelly once watched spellbound as aviator Tony Ryan was interviewed on the Late Late Show. Now Kelly heads the world's largest aircraft leasing company and insists that the current fear over China's future, and oil prices, won't hurt the sector, writes John MulliganAs a youngster, Aengus Kelly once watched spellbound as aviator Tony Ryan was interviewed on the Late Late Show. Now Kelly heads the world's largest aircraft leasing company and insists that the current fear over China's future, and oil prices, won't hurt the sector, writes John Mulligan
Aircraft leasing giant SMBC set to issue bonds
Irish-based aircraft leasing giant SMBC Aviation Capital is likely to tap capital markets with a bond issue, according to its chief executive, Peter Barrett. Speaking at the Annual Global Airfinance Conference at Convention Centre in Dublin, Mr Barrett indicated the company was likely to do a bond issue shortly.
Standard Chartered Aviation Finance selects STREAM
AerData, the provider of lease management, records management and engine fleet planning software, announced today that Standard Chartered Aviation Finance, a division of Standard Chartered, has chosen AerData’s STREAM Records Management System to support their fleet of over 100 aircraft.
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