Pending merger of major players portends seismic shift in leasing landscape
AerCap’s purchase of Genesis Lease makes it the world’s largest independent leasing company, and has kicked off what is expected to be a prolonged period of reshaping for the multibillion-dollar aircraft leasing market. The all-share purchase creates an entity with approximately $8 billion in assets even as lessors face reduced demand owing to the nearly global downturn in the commercial aircraft sector. Lease rates have fallen and asset values for older aircraft types have nosedived, a ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "AerCap-Genesis Lease Deal Is First Of Several Anticipated".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.