29-Aug-2014 7:44 AM
AerCap Agrees Purchase and Leaseback of Seven Boeing 787 Dreamliners with Virgin Atlantic
Direct News Source
28-Aug-2014 Amsterdam, The Netherlands; August 28, 2014 - AerCap Holdings N.V. ("AerCap," NYSE: AER) today announced that it has signed agreements with Virgin Atlantic Airways for the purchase and leaseback of seven Boeing 787 Dreamliners that Virgin Atlantic Airways has on order from Boeing.
The lease terms for all aircraft are twelve years and deliveries will start in October 2014.
"We are extremely proud to have Virgin Atlantic, one of the world's most innovative airlines, continue its long-standing partnership with AerCap by entering into this important transaction," said AerCap CEO Aengus Kelly.
AerCap has a total of ten Dreamliners in its portfolio and additional 74 committed purchases including those for Virgin Atlantic Airways.