Global aviation leasing company AerCap Holdings N.V. has entered into lease agreements with Airlink, the largest regional airline in Southern Africa, for the lease of three used Embraer E195-E1 aircraft.
The first aircraft was delivered in March, and the remaining two are scheduled for delivery in July 2023.
Peter Anderson, the Chief Commercial Officer of AerCap, expressed his enthusiasm about the new partnership, stating, “We are very pleased to welcome Airlink as a new customer to AerCap with the lease of three E195 aircraft.”
“We wish all the team at Airlink every success and look forward to working with them for many years to come.”
Airlink CEO and Managing Director, Rodger Foster, also expressed his optimism about the lease placements, emphasizing Airlink’s growth trajectory and the benefits derived from the partnership with AerCap.
Foster stated, “Airlink is on a steady growth path, expanding its network, schedule, and market share. With AerCap’s support on these leases, we will be able to maintain this upward trajectory.”
“The efficiencies derived from continuity across our fleet will help us contain costs and continue providing great value and affordable air travel to our customers.”
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About AerCap
AerCap is a global leader in aviation leasing, boasting one of the most attractive order books in the industry.
With its headquarters in Dublin and offices in various strategic locations worldwide, including Shannon, Miami, Singapore, and Dubai, AerCap serves approximately 300 customers globally, offering comprehensive fleet solutions.
The company is listed on the New York Stock Exchange under the ticker symbol AER.
About Airlink
Airlink is Southern Africa’s premier privately-owned regional airline, operating a fleet of over 60 Embraer aircraft. It serves 45 destinations across Southern and East Africa, as well as Madagascar and St. Helena Island.
Airlink has built a strong reputation as South Africa’s most reliable airline over the past two years, boasting an impressive average on-time performance of 95.87% so far this year.
According to Planespotters data, Airlink currently operate a mixed fleet of 61 aircraft. This includes 1 Boeing 787-300 and 4 BAE Jetstream 41s.
The South African carrier is a strong operator of Embraer regional commuter aircraft, currently showing 27 ERJ-145s; 3 ERJ 170s, and 26 ERJ 190s in service.
As an IATA member and accredited under its safety audit program, Airlink maintains a commitment to safety and efficiency in its operations.
Summary
The lease placements between AerCap and Airlink mark a significant collaboration between two prominent players in the aviation industry.
With AerCap’s support, Airlink aims to sustain its growth trajectory and enhance its network expansion, ultimately providing continued value and affordable air travel to its customers.
The partnership reflects the confidence placed in both companies and sets the stage for a mutually beneficial relationship in the years ahead.
