Aero Capital announces 2021 half year summary

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cargo in the boardroom


Aero Capital Solutions, Inc. (ACS), a leading lessor of mid-life aircraft and engines, today announces a summary of the results it achieved in the first half of the 2021 calendar year. Despite the lasting impact of the COVID-19 pandemic, ACS continued to deploy capital to acquire assets, and to create innovative, bespoke leasing structures to support the objectives of its customers.

A recent analysis by Cirium of the net portfolio growth of lessors over the year to June 2021 highlighted ACS’ position as the fastest growing lessor of mid-life aircraft.

Jason Barany, CEO and founder of Aero Capital Solutions, says: “The first half of 2021 has been one of solid growth for ACS despite the continued pressures of the pandemic on the airline sector. Our innovative and distinct leasing solutions have enabled us to expand our customer footprint, with particularly strong growth in engine leasing in-line with the market recovery thus far, and in freighter conversions – reflecting the sustained demand for air cargo capacity.”

In the first half of 2021, ACS leased 22 engines, highlighting its ability to deliver a range of flexible greentime lease structures on CFM, CF6 and V2500 engines. It acquired one new engine for its portfolio during this period, and sold seven.

During the same period, the company increased its commitment for P2F aircraft conversions from 14 to 21, the first two of which have been completed and placed on lease. This is integral to ACS’ strategy of creating a high value, versatile narrowbody freighter fleet, and one which is generating interest from cargo operators and express carriers across the globe.

ACS acquired seven aircraft in the first half of 2021, sold 11 and concluded two new aircraft leases, partnering with airlines and delivering a range of flexible transaction options, including maintenance avoidance solutions. This reflects ACS’ deep aircraft knowledge, expertise in acquiring aircraft at an optimal age, and ‘high touch’ approach to assets – all of which set it apart from other mid-life aircraft lessors.

In the first half of 2021, ACS concluded agreements with five new lessees, taking its customer footprint to 31 lessees in 21 countries.

As of the end of June 2021, ACS had more than 100 aircraft and over 80 engines in its portfolio.