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AerCap Signs 7-Year Deal to Manage GE9X Lease Pool, Extends Support for GE Engines

AerCap Secures Seven-Year Agreement to Manage GE9X Engine Lease Pool
DUBLIN, Oct. 15, 2025 – AerCap Holdings N.V. (NYSE: AER) has entered into a seven-year contract with GE Aerospace (NYSE: GE) to oversee lease pool management services for the GE9X engine, GE’s most advanced commercial powerplant to date. This agreement also extends AerCap’s existing lease pool support for other GE engine models, including the GEnx, GE90, CF6, and CF34.
Tom Slattery, Executive Vice President of AerCap Engines, emphasized the significance of the partnership, stating that the deal not only strengthens the collaboration with GE Aerospace but also expands AerCap’s servicing capabilities to include the GE9X. He highlighted the company’s ability to leverage its established industrial network to deliver world-class support to GE and its customers as the engine enters commercial service.
Scope of the Agreement and Industry Context
Under the terms of the agreement, AerCap will be responsible for managing GE9X engine shop visits, coordinating lease returns, providing technical services, and handling lease documentation and administration. The GE9X engine is slated to power Boeing’s 777X fleet, and the partnership aims to ensure comprehensive support to maintain operational reliability and safety.
Russell Stokes, President and CEO of Commercial Engines and Services at GE Aerospace, described the agreement as a critical step in building a robust support network for the GE9X. He noted that AerCap’s global reach, established customer relationships, and extensive experience with multiple GE engine platforms position the company as an ideal partner to manage the GE9X lease pool.
GE Aerospace is simultaneously enhancing its own capabilities to support GE9X customers by expanding maintenance, repair, and overhaul (MRO) capacity, improving training programs, and introducing advanced tooling across its global facilities. Customers will benefit from a full range of services, including engine overhauls, component repairs, and advanced diagnostics.
This agreement arrives amid intensifying competition in the engine leasing and servicing market. Competitors such as Pratt & Whitney and Honeywell are advancing new small turbofan designs, which may challenge GE’s market position. Additionally, the industry is closely watching the impact of recent labor developments at GE Aerospace, where a three-week strike was recently resolved with a new five-year labor agreement. Observers suggest that rivals may increase efforts to capture market share as engine technologies continue to evolve.
Company Profiles
AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide with comprehensive fleet solutions. Headquartered in Dublin and listed on the New York Stock Exchange, AerCap maintains offices in key locations including Shannon, Memphis, Miami, Singapore, London, Dubai, Shanghai, and Amsterdam.
GE Aerospace is a prominent provider of propulsion systems, services, and related technologies, supporting an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a workforce of 52,000 employees, the company remains at the forefront of innovation in aviation, prioritizing safety and reliability.
For further information, visit www.geaerospace.com.

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