AerDragon Purchases Three New Boeing 737 MAX 9 Aircraft on Lease to Aeromexico from AerCap

(Beijing – June 20, 2022) AerDragon Aviation Leasing Company Limited (“AerDragon”) is pleased to announce the purchase of three new Boeing 737 MAX 9 on lease to Aeromexico.  The aircraft are from AerCap’s order book with Boeing. AerCap is a shareholder in AerDragon.

Two aircraft are financed by BNP Paribas Singapore Branch (“BNP Paribas”) with an aircraft non-payment insurance policy from the Aircraft Finance Insurance Consortium (“AFIC”), managed by global broker Marsh.  The insurance underwriters include Fidelis Insurance Bermuda Limited, Sompo International and Axis Insurance. This is the first AFIC-supported financing for a China based leasing platform and the first financing transaction between AerDragon and BNP Paribas.

One aircraft is financed by PK AirFinance (“PK”), the aircraft and engine lending business of Apollo Global Management.