AerCap signs lease agreement with Pakistani airline AirSial for A320 aircraft

AerCap Holdings NV (NYSE: AER) has announced it has signed an agreement with Pakistani startup airline AirSial Limited, for the lease of three used Airbus A320 aircraft, the company said.

The aircraft are scheduled to be delivered in the second quarter of 2020 and will be the first aircraft to be delivered to the airline.

AerCap is a global aircraft leasing company with 1,360 aircraft owned, managed or on order and USD 43.5 billion of total assets as of September 30, 2019. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.