Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co’s GECAS, discuss a deal to forge an industry titan with more than 2,000 jets, people familiar with the matter said on Monday.
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Aircraft leasing is poised for its biggest shake-up in almost a decade as its top two players, AerCap Holdings and General Electric Co s GECAS, discuss a deal to forge an industry titan with more. | March 12, 2021
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Aircraft leasing is on the brink of its biggest shake-up in almost a decade as its top two players AerCap and General Electric’s GECAS discuss a deal to forge an industry titan with over 2,000 jets, financial sources said on Monday.
Negotiations for a tie-up follow years of speculation over the sale of GECAS and come as COVID-19 is expected to shift more of the world’s passenger aircraft fleet into the arms of the leasing industry, which already takes about half of Airbus and Boeing deliveries.
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