AerCap Holdings N.V. (NYSE:AER) has announced its major business transactions during the full year and fourth quarter 2016, the company said.
During 2016, the company signed lease agreements for 279 aircraft, purchased 38 aircraft, executed sale transactions for 141 aircraft, and signed financing transactions for USD 4.6 billion.
During Q4 2016, AerCap signed lease agreements for 56 aircraft, including 21 wide-body and 35 narrow-body aircraft. The company purchased 19 aircraft. It executed sale transactions for 41 aircraft from its owned and managed portfolios. It signed financing transactions for USD 1.7 billion.
AerCap, as of December 31, 2016, had 1,566 owned, managed, or on order aircraft in its portfolio. The company serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. It is headquartered in Dublin, and maintains offices in Amsterdam, Los Angeles, Shannon, Fort Lauderdale, Miami, Singapore, Shanghai, Abu Dhabi, Seattle, and Toulouse.