AerCap Announces Lease Agreements with Thai Airways for Four Airbus A350-900 Aircraft, Three Boeing 787-9 Aircraft and Ten Airbus A321NEO Aircraft
Portfolio Pulse from Benzinga Newsdesk
AerCap Holdings N.V. (AER) has signed lease agreements with Thai Airways for a total of 17 aircraft, including four Airbus A350-900, three Boeing 787-9, and ten Airbus A321NEO aircraft. The lease is part of Thai Airways' short-term fleet development strategy, with deliveries spanning from 2024 to 2026.
February 21, 2024 | 9:40 am
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POSITIVE IMPACT
AerCap Holdings N.V. (AER) has entered into a significant lease agreement with Thai Airways for 17 aircraft, indicating a strong demand for its leasing services and potentially boosting its future revenue.
The lease agreement with Thai Airways for a substantial number of aircraft directly impacts AerCap's business by potentially increasing its revenue and demonstrating the demand for its aircraft leasing services. This positive development is likely to be viewed favorably by investors and could lead to a short-term increase in AerCap's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Boeing (BA) is indirectly impacted by AerCap's lease agreement with Thai Airways, as it includes three Boeing 787-9 aircraft, indicating continued demand for Boeing's widebody aircraft.
Although Boeing is not a direct party to the lease agreement, the inclusion of three Boeing 787-9 aircraft in the deal with Thai Airways suggests ongoing demand for Boeing's widebody aircraft. This could positively influence Boeing's stock in the short term by reinforcing investor confidence in the demand for its aircraft.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Airbus (EADSY) benefits from AerCap's lease agreement with Thai Airways, which includes four A350-900 and ten A321NEO aircraft, showcasing strong demand for Airbus models.
Airbus is positively impacted by AerCap's lease agreement with Thai Airways, which includes a significant number of Airbus aircraft. This demonstrates robust demand for Airbus models and is likely to positively affect Airbus's stock price in the short term by reinforcing the market's confidence in Airbus's product lineup.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80