International Lease Finance Corp. has agreed to acquire AerCap Holdings subsidiary AeroTurbine for $228 million. ILFC said the acquisition will “provide synergies and allow ILFC to realize more value from its fleet portfolio,” as well as “maximize the value in the remaining life and ultimate disposition of aircraft and provide a tool to optimize future aircraft portfolio and operational acquisitions.” Closing is expected in the coming months. Miami-based ...

Subscribe to Access this Entire Article

"ILFC agrees to acquire AerCap's AeroTurbine subsidiary" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.