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Aercap expects further consolidation in air leasing sector

LONDON, Sept 20 (Reuters) - AerCap expects further consolidation of the global aircraft leasing sector in the wake of its takeover of General Electric’s aircraft leasing business, which is due to close before the end of the year, a senior executive said.

Asked at the Airline Economics conference in London if he expected further consolidation, AerCap Chief Commercial Officer Peter Anderson said: “I do ... and frankly it would be welcome. There is enough room in this industry for several large players.” (Reporting by Conor Humphries; editing by David Evans)

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