2 November 2021
McCann FitzGerald LLP Advises AerCap in Connection with its Acquisition of 50 Percent of Shannon Engine Support
McCann FitzGerald LLP are pleased to have advised AerCap Holdings N.V. (“AerCap”) on a 20-year joint venture agreement with Safran Aircraft Engines (“Safran”) regarding Shannon Engine Support (“SES”). SES, the leading provider of spare engines for CFM International, is now a 50/50 joint company between AerCap and Safran.
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. SES, the world’s largest lessor of CFM56 and LEAP engines, will continue to provide lease engine support to CFM and CFM operators.
The McCann FitzGerald LLP team was led by Hilary Marren and David Lydon.