AerCap is a NYSE-listed global aircraft leasing company. It acquires aircraft from manufacturers, airline operators, other aircraft-leasing companies and financial investors to lease to commercial airlines and cargo operators. On 13 December 2015, Waha Capital acquired a further 124,846 AerCap shares and subsequent to the year end, the company acquired an additional 3,875,154 shares, for a total consideration of US$ 146.03 million. Consequently, the Group’s shareholding has increased to 15.4%. Waha Capital continues to retain two seats on AerCap’s Board of Directors, as well as representations on the various Board sub-committees. As of 31 December 2015, AerCap’s portfolio consisted either of 1,700 aircrafts that were owned, managed, or under contract to purchase.