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AerCap (AER) Teams Up With Air France KLM On A 50 50 LEAP Engine Venture
AerCap Holdings (NYSE:AER) and Air France Industries KLM Engineering & Maintenance agreed to form a 50/50 joint venture focused on leasing LEAP spare engines.
The partnership will acquire and deploy LEAP-1A and LEAP-1B engines to serve airline customers that operate aircraft powered by these models.
The joint venture aims to support growing demand for access to modern spare engines as airlines manage fleet utilization and maintenance schedules.
For investors following AerCap Holdings, the...