AerCap Signs Lease Agreements With Spirit Airlines For 20 Airbus A320neo Family Aircraft

(RTTNews) - AerCap Holdings N.V. (AER) said that it has signed agreements with Spirit Airlines for the lease of 20 new Airbus A320neo Family aircraft. All twenty aircraft are scheduled to begin delivery in 2022 with deliveries continuing through 2023 and 2024.

In a separate press release, AerCap Holdings announced its major business transactions during the third quarter 2021. It signed lease agreements for 42 aircraft, including 5 widebody aircraft and 37 narrowbody aircraft.

AerCap purchased 7 aircraft, including 5 Airbus A320neo Family aircraft and 2 Boeing 737 MAX aircraft.

AerCap executed sale transactions for 11 aircraft, including 3 Airbus A340s, 3 Boeing 737NGs, 3 Boeing 737 Classics and 2 Boeing 767-300ERs from AerCap's owned portfolio.

AerCap signed financing transactions for about $1.1 billion.