AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed a sale and leaseback agreement for one new Boeing 787-9 aircraft with TAAG Angola Airlines ("TAAG"), the national carrier of Angola. The aircraft is scheduled to deliver to TAAG in February 2025.
"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," said Aengus Kelly, the CEO of AerCap. "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."
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 optimizing operational costs and providing greener environmental mobility solutions."
Key data points: The market size in 2031 = $6.9 billion, growth forecast = 3.8% annually for the next 7 years. Scroll below to get more insights. This market report covers trends, opportunities, and forecasts in the global flight inspection market to 2031 by solution (service and system), end use (commercial airports, defense airports, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)
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