AP Photo/Matt York, FileWhile the aviation industry has suffered mightily from the Covid-19 pandemic, enthusiasm is growing among many players as vaccine rollouts continue to make progress across various markets. While underlying fundamentals of airlines are still weak, yesterday saw the announcement of the largest deal in the history of the aircraft leasing industry. Along with the commercial aircraft portfolio and platform, Aercap is also acquiring the Milestone helicopter leasing company and engine leasing businesses of GECAS. The resultant company will have a bit more than 2,000 aircraft out of roughly 12,000 leased aircraft globally, or just less than 20% market share. Prime roles of the players in the history of aircraft leasingThey are both descendants of the same aircraft leasing firm, GPA (Guinness Peat Aviation), which along with ILFC (International Lease Finance Corporation) had been forerunners for the industry.

Source: Forbes March 12, 2021 09:11 UTC