AerCap Announces Order for 100 New Airbus A320neo Family Aircraft and Exercises Firm Options [Yahoo! Finance]
SAFRAN SA UNSPON/ ADR (SAFRY)
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safran-group.com/finance/investor-relations
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Source: Yahoo! Finance
with Airbus for the purchase of 100 new A320neo Family aircraft, including the exercise of previously agreed firm options. Deliveries are scheduled to begin in 2028 and continue through 2034. In connection with this transaction, AerCap will also enter into long-term lease agreements with CFM International ("CFM") for 48 LEAP-1A engines through its Shannon Engine Support ("SES") joint venture with Safran Aircraft Engines, with deliveries beginning in the second quarter of 2026. SES is the leading provider of LEAP spare engines for CFM. "By working closely with three of our long-standing partners - Frontier Airlines, CFM and Airbus - today's transaction will drive long-term growth for AerCap through a portfolio of highly desirable, in-demand aircraft, while enabling Frontier to optimize its fleet. This agreement also supports both Airbus and CFM in meeting their market-leading production and in-service commitments." said Aengus Kelly, CEO of AerCap. "In addition, we are pleased to
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