AerCap Orders 15 Boeing 787 Dreamliners, Expanding Fleet to 140
AER sits 40% above its 52-week low of $105.65.
Summary
AerCap placed a direct order for 15 Boeing 787-9 Dreamliners at the Farnborough Air Show, growing its 787 fleet to roughly 140 aircraft. Deliveries run through 2033, with GE GEnx-1B engines and substitution rights to the larger 787-10 variant. This order reinforces AerCap's position as the world's largest 787 owner and signals confidence in long-haul travel demand. The deal follows a strong Q1 and recent $900M debt issuance, suggesting continued fleet investment. No immediate financial terms were disclosed, but the order book expansion is a material positive for the leasing giant.
At the time of this announcement, AER was trading at $147.70 on NYSE in the Trade & Services sector, with a market capitalization of approximately $23.4B. The 52-week trading range was $105.65 to $155.99. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.