AerCap rises on A321neo lease deal with Turkish Airlines
09/07/2024 16:35
** U.S.-listed shares of Irish aircraft leasing company
AerCap AER.N rise 1.2% to $94.29
** Co says it has agreed to lease 10 new Airbus A321neo
aircraft to Turkish Airlines
** "This addition aligns with our...ongoing expansion plans
for new routes and increasing the frequency of existing ones,"
says Turkish Airlines Board Chair Ahmet Bolat
** 10 of 11 brokerages rate stock "buy" or higher, 1 "hold";
their median PT is $103
** YTD, stock has risen 27%
(Reporting by Abhinav Parmar in Bengaluru)
((Abhinav.parmar@thomsonreuters.com))