- AerCap Holdings NV (NYSE:AER) has signed lease agreements with cargo airline PT Rusky Aero Indonesia, operating as Raindo United Services, for two 737-800BCF Boeing Co (NYSE:BA) Converted Freighters.
- The first passenger-to-freighter conversion will be completed by Boeing Shanghai Aviation Services Co. Ltd., and the second by Taikoo (Shandong) Aircraft Engineering Co. Ltd.
- Also Read: GE Cuts Down Its Stake In Aircraft Lessor AerCap
- AerCap’s 737-800BCF customers include West Atlantic Group, Kargo Xpress, ASL, Tianjin Cargo and Longhao Airlines.
- “We are very pleased to welcome Raindo as a new customer to AerCap and to lease them their very first aircraft,” said Richard Greener, the Head of AerCap Cargo.
- Price Action: AER shares are trading higher by 2.07% at $56.51 on the last check Friday.
- Photo Via Company
Exxon Mobil’s Strategic Shift: Enters Second Lithium Venture in Bid to Boost US EV Supply Chain
Exxon Mobil Corp (NYSE: XOM) has reportedly struck a deal with Tetra Technologies Inc (NYSE: TTI) to exploit over 6,100 lithium-rich acres in Arkansas, representing Exxon's second venture this year into res
