The deal doubles the size of Kelly’s company — already the world’s largest aircraft lessor — by relying on a familiar playbook: Pry a valuable financial asset from an owner with little use for it anymore or a desire to minimise financial risk.
Aengus Kelly knows a bargain when he sees one.
The CEO of aircraft leasing company AerCap made his most audacious move yet in a career spanning more than two decades, when Kelly agreed on March 10 to buy General Electric’s jet-leasing business.
