Possible Leasing Company Merger?


CREDIT: aerotime.aero


As many of us know, aircraft leasing companies play a very vital role in the aviation industry. They keep the planes, and the airlines can lease them as required.

Two of the biggest leasing companies, AerCap and GECAS may be engaging in a merger worth over 30 billion US dollars. This would supply the merged company with over 2000 available aircraft. This was originally reported by The Wall Street Journal.

GECAS has been struggling for a long time with financial issues and this could be a saving grace for them!


What are your thoughts on this possible merger?


Article Source DJ’s Aviation

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woah

That would be OP

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It kinda already happened

AerCap Holdings N.V., the global leader in aircraft leasing, announced today that it has entered into a definitive agreement with General Electric under which AerCap will acquire 100% of GE Capital Aviation Services, a GE business.

The combined company will be an industry leader across all areas of aviation leasing, with over 2,000 owned and managed aircraft, over 900 owned and managed engines, over 300 owned helicopters and approximately 300 customers around the world.

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