AerCap

AerCap Holdings and Safran Aircraft Engines signed a 20-year joint venture agreement for Shannon Engine Support (SES), making SES a 50/50 joint company providing spare engine leasing for CFM International engines.

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. entered a 20-year joint venture agreement with Safran Aircraft Engines to acquire 50% of Shannon Engine Support, making SES a 50/50 joint company between AerCap and Safran.

AerCap Holdings N.V. has entered into a definitive agreement to acquire 100% of GE Capital Aviation Services from General Electric, creating a combined company with over 2,000 aircraft.

Pratt & Whitney delivered the first PurePower engines to China Southern Airlines for an Airbus A320neo aircraft. China Southern has 23 additional A320neo aircraft on order through AerCap, all to be equipped with PurePower engines.