AerCap Holdings N.V. has entered into a agreement with OEMServices where AerCap Materials will provide a substantial inventory of Airbus A220 aircraft components.
AerCap Holdings N.V., a global leader in aviation leasing, has entered into a seven-year component sale and leaseback agreement with OEMServices S.A.S. As part of the deal, AerCap Materials will provide a substantial inventory of Airbus A220 aircraft components to support OEMServices’ extensive airline customer base. This agreement extends the partnership between AerCap and OEMServices, showcasing the growth of inventory financing solutions provided by AerCap Materials across various aircraft platforms.
AerCap Materials, the premier global distributor of airframe and engine material, has been actively expanding its inventory financing services, offering innovative and cost-effective solutions to its customers. This agreement reflects the successful collaboration between AerCap Materials and OEMServices, demonstrating the alignment of both companies in meeting the evolving needs of the aviation industry.
Aimee Craig, the CEO, AerCap Materials, said, “The growth of our inventory financing services has enabled AerCap Materials to provide innovative and cost-effective solutions to all of our customers. We are delighted to extend our strategic partnership with OEMServices as they grow their global support solutions for airlines around the world and we look forward to further enhancing our relationship with the OEMServices team.”
AerCap, as the global leader in aviation leasing, serves approximately 300 customers worldwide with comprehensive fleet solutions. The company’s extensive order book positions it as a key player in the industry, providing a range of services to support airlines and operators.
AerCap Materials, part of the AerCap family since 2021, is a leading global distributor of airframe and engine material. With over five decades of experience, the company offers trusted and innovative solutions, including spares distribution and component financing. AerCap Materials is dedicated to meeting the diverse and evolving supply chain requirements of its customers, delivering quality products and services around the clock and around the world.
Didier Granger, the Group Chief Executive Officer, OEMServices, said, “This new step in the partnership between OEMServices and AerCap Materials means a great deal to us. Our common understanding of the market and the quality of the relationship that we have developed over the years have made this project possible. This agreement will certainly open up new opportunities between our two companies in the future.”
OEMServices, founded by major Original Equipment Manufacturers (OEMs) including Diehl Aerospace, Liebherr Aerospace, Thales Avionics, and Zodiac Aerospace, is a leader in component, logistic, and trading services for airlines and OEMs. Headquartered at Paris CDG airport and supported by major hubs globally, OEMServices integrates capabilities, assets, and expertise of multiple OEMs to provide full support integrated services to airlines. The company, with more than 60 OEM partners, ensures comprehensive support for its customers worldwide, 24/7.
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In conclusion, the component sale and leaseback agreement between AerCap Materials and OEMServices reflects a strategic and collaborative effort to enhance support solutions for airlines globally. The extension of the partnership demonstrates the effectiveness of AerCap Materials in delivering innovative financing solutions and its commitment to meeting the evolving needs of the aviation industry.
Question- How has AerCap Materials been expanding its services to customers?
Answer- AerCap Materials has been actively expanding its inventory financing services, offering innovative and cost-effective solutions to its customers.
Question- How does AerCap position itself in the industry with its order book?
Answer- AerCap’s extensive order book positions it as a key player in the industry, providing a range of services to support airlines and operators.
Question- When did AerCap Materials become part of the AerCap family?
Answer- AerCap Materials became part of the AerCap family in 2021.
Question- What are some of the solutions and services offered by AerCap Materials?
Answer- AerCap Materials offers trusted and innovative solutions, including spares distribution and component financing, with over five decades of experience in the industry.
