AerCap Holdings N.V.’s 50 Percent Acquisition of Shannon Engine Support

McCann FitzGerald LLP advised AerCap Holdings N.V. on the deal.

AerCap signed a 20-year joint venture agreement with Safran Aircraft Engines (“Safran”) regarding Shannon Engine Support (“SES”). SES, the leading provider of spare engines for CFM International, is now a 50/50 joint company between AerCap and Safran.

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. SES, the world’s largest lessor of CFM56 and LEAP engines, will continue to provide lease engine support to CFM and CFM operators.

The McCann FitzGerald LLP team was led by Hilary Marren (Picture) and David Lydon.

Involved fees earner: David Lydon – McCann FitzGerald; Hilary Marren – McCann FitzGerald;

Law Firms: McCann FitzGerald;

Clients: AerCap Holdings N.V.;

Giulia Di Palma

Author: Giulia Di Palma