AerCap will lease five Boeing 787-9 aircraft and ten Boeing 737-8 MAX aircraft to Air Europa.
AerCap Holdings N.V. (“AerCap” or the “Company”), a global aircraft leasing company, recently announced that the company has signed lease agreements with Air Europa Líneas Aéreas S.A.U. The agreement contains the long-term lease of five Boeing 787-9 aircraft and ten Boeing 737-8 MAX aircraft to Air Europa Líneas Aéreas S.A.U. The aircraft are scheduled to deliver beginning in 2024 through 2026. With the delivery of the aircraft Air Europa will become the first Spanish Airline to operate the Boeing 737 MAX aircraft.
“Air Europa has been a long-time friend and valued customer of AerCap. With this landmark transaction for the airline, we are delighted to reconfirm our belief in the Air Europa business and management team and wish them every success with their fleet modernization program,” said Peter Anderson, Chief Commercial Officer, AerCap. “The future is bright for the Boeing 787 and MAX programs. For Air Europa these new technology fuel-efficient aircraft will provide improved cost efficiencies and help them to meet their sustainability commitments. We thank the team at Air Europa for the confidence they have placed in AerCap, and we look forward to working together as these aircraft deliver,” he further added.
About the Boeing 787-9 Dreamliner
The Boeing 787 Dreamliner is a long-haul, widebody, twin-engine jetliner, designed with lightweight structures that are 80% composite by volume. External features include a smooth nose contour, raked wingtips, and engine nacelles with noise-reducing serrated edges (chevrons). The longest-range 787 variant can fly up to 7,635 nmi (14,140 km), or the even longer Qantas QF 9 flight between Perth Airport and London–Heathrow, over 7,828 nmi (14,497 km). Its cruising airspeed is Mach 0.85 (488 kn; 903 km/h). The aircraft has a design life of 44,000 flight cycles.
About the Boeing 737-8 MAX
The 737 MAX delivers enhanced efficiency, improved environmental performance and increased passenger comfort to the single-aisle market. Incorporating advanced technology winglets and efficient engines, the 737 MAX offers excellent economics, reducing fuel use and emissions by 20 percent while producing a 50 percent smaller noise footprint than the airplanes it replaces. Additionally, 737 MAX offers up to 14 percent lower airframe maintenance costs than the competition. Passengers will enjoy the Boeing Sky Interior, highlighted by modern sculpted sidewalls and window reveals, LED lighting that enhances the sense of spaciousness and larger pivoting overhead storage bins.
Richard Clark, Managing Director of Air Europa, said, “We are very pleased to reach this agreement with AerCap, with whom we have a long and successful relationship. It reinforces our strategy of unifying the fleet around the most modern, efficient, and sustainable models in the industry. Once again, we are pioneers. Just as we were the first Spanish company to incorporate the Boeing 787 Dreamliner, we are now doing the same by adding the new Boeing 737 MAX to our fleet.”
Read more stories… C&L Aviation Group delivers single Saab 340 Aircraft to REX Airlines
AerCap is the global leader in aviation leasing having order books filled with one of the most prominent companies in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
