What Happened
Lessor Expands Widebody Fleet Amid Strong Demand
AerCap has announced an order for 15 additional Boeing 787-9s, allowing the company to maintain its position as the largest owner of 787s. The deal, announced at the Farnborough Airshow, provides AerCap with flexibility to switch to the larger 787-10 if demand trends call for it. The new aircraft will be powered by GE Aerospace GEnx-1B engines. AerCap’s CEO Aengus Kelly cited strong demand for modern, fuel-efficient widebody airplanes as driving the decision. This order was first reported by Aviation Week.