AerCap Holdings N.V. (AER), on Tuesday, signed lease agreements with Ethiopian Airlines for two Boeing 777-300ERSF converted freighters.
The aircraft is also known as the "Big Twin," is expected to be delivered in the second quarter of 2028.
The company said the aircraft will be the first of its type to operate in Africa and is expected to enhance cargo capacity and efficiency for Ethiopian Airlines.
In the pre-market trading, AerCap is at $135.21 on the New York Stock Exchange.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.