Irish lessors AerCap and Avolon saw their owned, managed and committed fleets move in opposite directions in the second quarter, with AerCap’s portfolio shrinking 6.7% to 1,373 aircraft while Avolon’s grew 3.6% to 923 aircraft compared to the year-ago period. During the quarter, AerCap signed lease agreements on 48 aircraft—up from 40 a year earlier—bought 11 aircraft and sold 23. The company signed financing transactions for $1.5 billion during the ...

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