▁as ▁of ▁December ▁ 3 1 , ▁ 2 0 1 5 ▁was ▁ 7 . 7 ▁years ▁and ▁the ▁average ▁remaining ▁contract ed ▁le ase ▁term ▁was ▁ 5 . 9 ▁years . ▁In ▁ 2 0 1 5 , ▁Aer Cap ▁le ased , ▁purchased ▁and ▁sold ▁ 4 0 5 ▁aircraft . ▁The ▁company ▁signed ▁le ase ▁agre ements ▁for ▁ 2 7 6 ▁aircraft ▁and ▁purchased ▁ 4 6 ▁new ▁aircraft . ▁Aer Cap ▁executed ▁sale ▁and ▁part - out ▁transactions ▁for ▁ 8 3 ▁aircraft ▁and ▁signed ▁finan cing ▁transactions ▁for ▁US $ 7 . 3 ▁billion . ▁On ▁February ▁ 2 3 , ▁ 2 0 1 6 , ▁Aer Cap ▁reported ▁record ▁ 2 0 1 5 ▁financial ▁results ▁and ▁author ized ▁a ▁share ▁rep urchase ▁program ▁of ▁$ 4 0 0 ▁million . ▁▁ 2 0 1 6 ▁ ▁In ▁January ▁ 2 0 1 6 , ▁Air line ▁Econom ics ▁recognized ▁the ▁company ▁with ▁" L essor ▁of ▁the ▁Year " ▁and ▁" T reas ury ▁Team ▁of ▁the ▁Year " ▁awards . ▁ ▁In ▁ 2 0 1 6 , ▁Aer Cap ▁signed ▁le ase ▁agre ements ▁for ▁ 2 7 9 ▁aircraft , ▁purchased ▁ 3 8 ▁and ▁sold ▁ 1 4 1 ▁aircraft , ▁and ▁signed ▁finan cing ▁transactions ▁for ▁$ 4 . 6 ▁billion ; ▁as ▁of ▁December ▁ 3 1 , ▁ 2 0 1 6 , ▁it ▁has ▁ 1 , 5 6 6 ▁owned , ▁managed ▁or