In a 25-year career as a CIO, Jörg Koletzki learned hard lessons about supporting business growth through M&A, and gained vital experience to merge two market leaders in the aircraft leasing industry.
Credit: AerCap
In the press coverage of aviation leasing company AerCap’s 2021 acquisition of General Electric Capital Aviation Services (GECAS), there was much talk about how bold a move it was. AerCap CEO Aengus Kelly gambled that merging two market leaders in the aircraft leasing industry, one of the biggest M&A deals in recent years valued at around $30 billion, would pay off as the sector bounced back from a slump caused by the pandemic. The financial mantra that market volatility is a good time to invest would be thoroughly tested.
So far so good. Today AerCap has $74 billion in assets, 300 customers, and is posting record incomes. The successful execution of AerCap’s growth through acquisition strategy involved many …