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AerCap Takes Delivery of First New A330 and Sells it to Waha Capital

Written by thomas · Filed Under Commercial 

December 3, 2008

thomas

Also Closes Sale of New A320 with Waha Capital

AMSTERDAM, Netherlands, Dec. 3 /PRNewswire-FirstCall/ — AerCap Holdings N.V. (“AerCap”, NYSE: AER) today announced that it has taken delivery of the first Airbus 330-200 of its total order of 30 new A330s. This aircraft is the first of ten A330s that AerCap has agreed to lease to Aeroflot. AerCap also took delivery of a new A320-200 as part of an order placed by its joint venture company AerVenture. The A320 is one of six new A320s contracted for lease to Aeroflot. Subsequent to delivery, AerCap sold both aircraft to Abu Dhabi-based Waha Capital with the ten-year leases to Aeroflot attached. Klaus Heinemann, Chief Executive Officer of AerCap said: “We were very pleased to close these significant aircraft sales according to schedule despite the prevailing market conditions. Through these transactions, AerCap has established an important business relationship with a prestigious Abu Dhabi-based investment company.”

About AerCap

AerCap is an integrated global aviation company with a leading market position in aircraft and engine leasing, trading and parts sales. AerCap also provides aircraft management services and performs aircraft maintenance, repair and overhaul services and aircraft disassemblies. AerCap is headquartered in The Netherlands and has offices in Ireland, the United States, Singapore, China and the United Kingdom.

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