AerCap Holdings N.V. signed a seven-year component sale and leaseback agreement with OEMServices S.A.S.
AerCap Materials will provide Airbus A220 aircraft components to support OEMServices’ airline customer base.
The agreement demonstrates the growth of AerCap Materials’ inventory financing services and their commitment to providing innovative solutions.
The partnership between AerCap Materials and OEMServices is expected to create new opportunities for both companies in the future.
Aimee Craig, the CEO of AerCap Materials, said: “The growth of our inventory financing services has enabled AerCap Materials to provide innovative and cost-effective solutions to all of our customers. We are delighted to extend our strategic partnership with OEMServices as they grow their global support solutions for airlines around the world and we look forward to further enhancing our relationship with the OEMServices team.”
Didier Granger, the Group Chief Executive Officer of OEMServices, said: “this new step in the partnership between OEMServices and AerCap Materials means a great deal to us. Our common understanding of the market and the quality of the relationship that we have developed over the years have made this project possible. This agreement will certainly open up new opportunities between our two companies in the future.”
