AerCap and EgyptAir strengthen strategic partnership

On May 8, 2025, AerCap CEO Aengus Kelly met with Captain Ahmed Adel, Chairman of EgyptAir Holding Company, in Cairo to discuss new opportunities for collaboration, focusing on providing advanced aircraft to enhance EgyptAir’s regional and global competitiveness.

AerCap currently finances 28 aircraft in EgyptAir’s fleet, including Boeing B777-300ERs, Airbus A320/321neos, and Boeing B787-9s.

Discussions addressed global aviation trends, including rising demand for aircraft leasing amid delivery delays, and explored future projects to align with EgyptAir’s plans to modernise its fleet with fuel-efficient, technologically advanced models.

“EgyptAir is a key partner in Africa and the Middle East, and we are proud to support their ambitious growth strategy,” said Aengus Kelly, CEO of AerCap. “Our collaboration reflects a shared commitment to innovation and sustainability, ensuring EgyptAir remains a leader in global aviation.”

Captain Ahmed Adel emphasised AerCap’s role as a strategic partner, noting that nearly 40% of EgyptAir’s fleet operates under leasing agreements with AerCap. “This partnership enables us to integrate cutting-edge aircraft, supporting our goals of operational efficiency, environmental sustainability, and an elevated customer experience,” Adel stated.