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AerCap sets up 70 aircraft joint venture
01 February 2006
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airline
Airlines
Aviation; AerCap; LoadAir
AerCap has established a 70 aircraft joint venture with LoadAir, a Kuwaiti aviation company.
Each company will hold a 50% stake in the joint venture, called AerVenture. The company will own all of the 70 new A320 family aircraft that AerCap ordered at the Dubai Airshow. The aircraft will be delivered between 2007 and 2010.
"AerVenture is now one of the world's larger leasing ventures and the first step...
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