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Joe Breitfeller

AerCap Leases Three New Boeing 787-9s and 25 New 737-8 MAX Airplanes to Turkish Airlines

AerCap has reached an agreement with Turkish Airlines for the lease of three new Boeing 787-9 Dreamliners and 25 new Boeing 737-8 MAX jets. The Lessor has also extended leases with Türkiye’s national carrier for six used Airbus A330-200s.


Turkish Airlines Boeing 787-9 Dreamliner - Courtesy Boeing

On Tuesday (October 24, 2023), AerCap Holdings N.V. announced that they have reached an agreement with Turkish Airlines for the lease of three new Boeing 787-9 Dreamliners and 25 new Boeing 737-8 MAX airplanes for delivery from 2024 through 2028. The national carrier of Türkiye also extended leases on six used Airbus A330-200 aircraft.


In Tuesday’s announcement, AerCap’s Chief Executive Officer, Aengus Kelly, said,


“AerCap is very pleased to announce this significant transaction with our long-term partner, Turkish Airlines. These aircraft will help Turkish Airlines continue to grow their already extensive route network, while improving the operational efficiency of their fleet. I would like to thank Dr. Ahmet Bolat and Mr. Levent Konukcu and the Turkish Airlines management team for the confidence they have placed in AerCap. We look forward to continuing to build on our strong partnership as these aircraft deliver.”


Also commenting on the new lease agreements, Turkish Airlines’ Chief Investment & Technology Officer, Levent Konukcu, added,


“We have a unique route network boasting the world's widest network in terms of the number of countries reached. We fly to more international destinations than any other airline, and in order to strengthen this position, we are always focused on extending our fleet. At this point, we would like to thank our business partner, AerCap, and we are happy to reinforce our fruitful collaboration with them through these leasing projects.”


AerCap Holdings N.V. (NYSE: AER) is the global leader in aircraft leasing and maintains one of the most attractive order books in the industry. The company serves around 300 customers in 80 countries with comprehensive fleet solutions. AerCap is headquartered in Dublin and maintains offices in Shannon, Miami, Memphis, Singapore, Amsterdam, Shanghai, Dubai, Seattle, Toulouse, and other locations around the world.



Source: AerCap/PRNewswire

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