AerCap and Safran form joint venture for Shannon Engine Support

AerCap and Safran Aircraft Engines have signed a 20-year joint venture agreement making Shannon Engine Support (SES) a 50/50 joint company. SES is the leading lessor of CFM56 and LEAP engines.

“AerCap Holdings N.V. has announced that following its acquisition of the GE Capital Aviation Services business, it has signed a 20-year joint venture agreement with Safran Aircraft Engines regarding Shannon Engine Support.”nasdaq.com

• 3 sources
• nasdaq.comAerCap and Safran Sign Joint Venture Agreement for Shannon Engine Support | NasdaqNov 2, 2021
• aviationpros.comAerCap and Safran Sign Joint Venture Agreement for Shannon Engine Support | Aviation ProsRelated To: Safran GroupNov 2, 2021
• benzinga.comAerCap Forms JV With Safran For Shannon Engine Support - AerCap Holdings (NYSE:AER) - BenzingaAkankshaNov 2, 2021

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