Genesis announces acquisition of two B737-800 aircraft on lease to US based Avelo
12th December 2023Genesis announces appointment of Peter O’Byrne as Chief Commercial Officer
16th February 2024Genesis and WestJet enter Purchase and Leaseback agreement for six Boeing aircraft.
Genesis and WestJet enter Purchase and Leaseback agreement for six Boeing aircraft
22 December 2023: Genesis, the Dublin-based aircraft leasing company, announces the acquisition of six (6) Boeing 737-800 aircraft on a Purchase and Leaseback transaction with Calgary based WestJet. This transaction, a first between WestJet and Genesis, expands the Genesis portfolio with additional highly desirable 737-800 aircraft.
“I am delighted to welcome WestJet as a new customer to Genesis, and we look forward to further supporting WestJet as their fleet continues to grow over the coming years. The challenge accepted by Genesis was to deliver a turnkey Purchase and Leaseback solution to WestJet by year end, and I’m very proud of how our team executed on this commitment ahead of the holidays.” commented Karl Griffin, CEO of Genesis.
Aaron McKay, Vice-President Treasury and Fleet at WestJet, commented “With strong intentions to grow our 737 fleet in the coming years, we appreciate Genesis’ support of WestJet’s ongoing fleet plans and look forward to the future of this partnership.”
