Boston, MA 04/15/2014 (wallstreetpr) – The leasing industry group is slowly and steadily making significant growth. The entire group of leasing industry is doing quite well on growth parameters. AerCap Holdings N.V. (NYSE:AER) is no exception. The point in focus is the company is fulfilling its requirement of International Lease Finance from American International Group Inc (NYSE:AIG). The lease finance facility provided by AIG paved way for AerCap to reach its goal. The association with AIG allows AerCap to have a fleet of more than 1,700 planes.
Leasing Industry
The leasing industry is growing as a whole. The stocks have made a good base and are ready to move higher with the market. The sector will be the first one to move as the market moves higher. The global demand for planes is improving day by day. The aviation companies, as well as the aircraft leasing firms, are going to benefit from the sector development.
AerCap Performance
In the latest development AerCap Holdings is doing quite well in the industry. It has already completed 29 Aircraft Transactions and has signed lease agreements for another 15 aircraft. The average term of new aircrafts signed in last one year stands at 163 months while the average term for used aircraft is 60 months.
AIG and the Aircraft leasing industry
AIG had a tough period after year 2008. The company has suffered severe setbacks and is constantly making new efforts to get a strong hold in the industry. It had taken calculated risks in last few years and has made sure to repay the government loans so as to get back to the private ownership. Last year the company had also sold part of its aircraft leasing unit to AerCap. With the growing demand in airlines industry, American International Group Inc (NYSE:AIG) will look to capitalize the opportunity as it still holds apart in aircraft leasing industry.
