Dublin-based lessor AerCap has agreed to sell 21 aircraft worth $800 million to Peregrine Aviation Co., which is indirectly owned by Saudi Arabia’s National Commercial Bank. Announcing the transaction Dec. 19, AerCap said the portfolio includes both a mix of wide- and narrowbody aircraft. “As part of the sale, AerCap will provide lease management services to Peregrine and will retain an equity interest in the entity,” AerCap said. Peregrine is an investment vehicle of ...

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