Analyst Research

Report Title Price
Provider: Stock Traders Daily
$20.00
Provider: Pechala's Reports
$25.00
Provider: Pechala's Reports
$15.00
Provider: Reuters Investment Profile
$20.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

AerCap Holdings N.V. Enters Into USD2.6 Billion Purchase And Leaseback Agreement With LATAM Airlines Group For 25 Widebody Aircraft


Wednesday, 29 May 2013 09:45am EDT 

AerCap Holdings N.V. announced that it has entered into a $2.6 billion purchase and leaseback agreement with LATAM Airlines Group (LATAM) for 25 widebody aircraft, with deliveries scheduled between 2013 and 2017. The aircraft consist of nine new Airbus A350-900s, four new Boeing 787-9s, and two new Boeing 787-8s from LATAM's order backlog, and ten Airbus A330-200s with an average age of four years. The appraised value of the 25 aircraft is approximately $3 billion. AerCap will purchase the aircraft from LATAM Airlines Group and immediately lease them back to LATAM. AerCap expects to finance the aircraft with a combination of funding from the capital markets, the bank markets, and its existing warehouse facility. 

Company Quote

43.83
0.3 +0.69%
21 Nov 2014