AER - AerCap Announces Lease Agreements with Thai Airways for Four Airbus A350-900 Aircraft Three Boeing 787-9 Aircraft and Ten Airbus A321NEO Aircraft | Benzinga
SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE:AER) today announced it has signed lease agreements with Thai Airways International Public Company Limited ("Thai Airways") for seven widebody aircraft comprising four Airbus A350-900 aircraft and three Boeing 787-9 aircraft, and ten Airbus A321NEO aircraft. The decision to procure these aircraft was made in 2023 as part of Thai Airways' short-term fleet development strategy.
Of the four A350 aircraft, two have already been delivered with the remaining 2 units scheduled for delivery in the first and second quarter of 2024, respectively. The 787 deliveries are scheduled to begin in the second quarter of 2024 through the fourth quarter of 2025, while deliveries of the A321NEOs are scheduled to begin in the third quarter of 2025 through the second quarter 2026.
"AerCap is very pleased to announce this significant transaction with Thai Airways and to support them with both their widebody and narrowbody fleet modernization plan as they emerge from a very challenging period," said Peter Anderson, the Chief Commercial Officer of AerCap. "AerCap's business relationship with Thai Airways began in the mid-1990s with the lease of Boeing 737-400s and Airbus A330-300s, and we have worked closely together during both the upcycles and downcycles to maintain and strengthen the partnership between our two companies. We thank Thai Airways for their ...