AerCap Holdings has placed an order for 150 new CFM LEAP engines valued at about $3 billion, the world's largest aircraft lessor said today.
The CFM engines are made by a joint venture between General Electric and France's Safran.
The engines will be managed by SES, a 50-50 joint-venture company between Safran and Dublin-based AerCap.
AerCap's announcement comes ahead of its investor day presentation later today.
The company's board has also authorised a new $500m share repurchase programme, which will run until the end of December.
