AerCap Announce Leases with Turkish Airlines

AerCap has announced that it has reached an agreement with Turkish Airlines for the lease of three new Boeing 787-9 aircraft and 25 new Boeing 737 MAX-8 aircraft, and lease extensions for six used Airbus A330-200 aircraft. The new aircraft are scheduled to begin delivery in 2024 through 2026.

Commenting as the deal was announced, the Chief Executive Officer of AerCap, 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 was the Turkish Airlines Chief Investment & Technology Officer, Levent Konukcu who said, “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.”

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