AerCap Holdings signed (14-Dec-2012) a USD200 million facility with DBS Bank Ltd of Singapore, to finance the pre-delivery payments for 10 new Boeing 737-800 aircraft. This funding facility completes all of AerCap's pre-delivery payment requirements for its order for 10 Boeing 737-800 aircraft. The order was placed in 2010 with deliveries scheduled during 2015. In total, AerCap has now raised USD1.5 billion of debt financing during 2012. AerCap group treasurer Paul Rofe said that having the lessees already in place for these aircraft was instrumental in helping the company source the financing. [more - original PR]
AerCap Signs USD200m pre-delivery payment facility for 737-800s
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The USD10 billion deal will create the world’s third largest lessor - and they may be more to come yet.
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Avolon is now the core aircraft leasing brand for the HNA Group. Including assets from Hong Kong Aviation Capital, Bohai Capital and several smaller HNA Group leasing firms, Avolon has a fleet of nearly 250 aircraft and almost 200 more on order.
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