Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Related party transactions

v3.19.3.a.u2
Related party transactions
12 Months Ended
Dec. 31, 2019
Related Party Transactions [Abstract]  
Related party transactions Related party transactions
The following table presents amounts received from related parties for management fees and dividends for the years ended December 31, 2019, 2018 and 2017:
 
Year Ended December 31,
 
2019
 
2018
 
2017
 
Management fees
 
Dividends
 
Management fees
 
Dividends
 
Management fees
 
Dividends
AerDragon
$
675

 
$
1,667

 
$
497

 
$
1,667

 
$
507

 
$
3,333

ACSAL
480

 
1,088

 
480

 
1,119

 
480

 
1,949

AerLift
1,360

 
393

 
1,677

 
394

 
1,808

 
3,023

 
$
2,515

 
$
3,148

 
$
2,654

 
$
3,180

 
$
2,795

 
$
8,305


AerCap Partners I
During the year ended December 31, 2019, we sold four aircraft to a subsidiary of our joint venture partner in AerCap Partners I.
Purchase of shares
During the year ended December 31, 2019, a member of senior management sold 39,600 ordinary shares to the Company at fair value on the date of the sale for an aggregate sale price of $1.8 million. The proceeds were used to pay taxes in 2019 in connection with his share awards.
Waha Capital PJSC transaction
During the year ended December 31, 2019, we repurchased 2,427,790 AerCap ordinary shares from Waha Capital PJSC on the date of the sale for an aggregate sale price of $144.8 million. As of December 31, 2019, Waha Capital PJSC is no longer a shareholder of AerCap.