AerCap signs sale and leaseback for new B787-9 with TAAG Angola Airlines

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Aengus Kelly of Aercap
Aengus Kelly of Aercap

AerCap Holdings has secured a sale and leaseback agreement for a new Boeing 787-9 aircraft with TAAG Angola Airlines, enhancing TAAG’s fleet modernization efforts.

The delivery of the aircraft is slated for February 2025, marking AerCap as the first lessor to introduce the 787 to TAAG.

This strategic partnership aims to expand TAAG’s network across Africa, Europe, and Asia, utilising one of the most fuel-efficient widebody aircraft available.

Aengus Kelly, the CEO of AerCap shared: “We are pleased to welcome TAAG Angola Airlines as a new customer to AerCap and particularly pleased to be the first lessor to introduce the 787 to the airline. As part of their fleet modernization program, the 787 will enable TAAG expand their network across Africa, Europe and Asia with one of the most fuel-efficient widebody aircraft on the market and support them in meeting customer demand. We look forward to a long and fruitful relationship with the TAAG team.”

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Nelson de Oliveira, CEO of TAAG, said, “This agreement with AerCap represents an important milestone for us, being an essential step towards the modernization of our fleet. The introduction of the Boeing 787-9 reinforces our commitment to efficiency and leading sustainability standards, while leveraging our ability to connect Angola with key international destinations. TAAG is committed to offering passengers a comfortable travel experience thus optimising operational costs and providing greener environmental mobility solutions.”

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