AerCap Sells Eight Boeing 737-800 Aircraft
Monday, 01 July 2013
AMSTERDAM, The Netherlands - AerCap Holdings N.V. (NYSE: AER) announced that it has completed transactions sold its interest in eight Boeing 737-800 aircraft to accounts managed by an affiliate of Guggenheim Partners, LLC.
Guggenheim Partners is a privately held, diversified financial services firm. It is headquartered in New York City and Chicago with more than $180 billion of assets under its management. Including more than $2.7 billion of commercial aviation assets managed by the firm's commercial aviation investment management group, Guggenheim Aviation Partners.
The aircraft are subject to long term leases to American Airlines.
AerCap acquired the aircraft earlier this year as part of its purchase and leaseback agreements with American Airlines.
Similar to the sale of its equity interest in the Aircraft Lease Securitisation Limited portfolio to Guggenheim in November last year, AerCap will continue to service the Boeing 737-800 portfolio and retain an ownership position.
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