AerCap signs seven-year agreement with GE Aerospace

AerCap Holdings (AER) announced it has signed a seven-year agreement with GE Aerospace (GE) to provide lease pool management services for the GE9X engine. The agreement also extends AerCap’s ongoing lease pool support for GEnx, GE90, CF6 and CF34 engines. The agreement calls for AerCap to provide GE9X shop visit management, lease return coordination and technical services, as well as lease documentation and administration support.