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