AerCap Delivers the First New Airbus A320neo Aircraft to EGYPTAIR

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Feb 14, 2020, 10:15 ET

DUBLIN, Feb. 14, 2020 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced it has delivered a new Airbus A320neo aircraft on lease to EGYPTAIR, the first of a 15 A320neo Family aircraft deal with EGYPTAIR. With this delivery, EGYPTAIR will become the first airline based in mainland Africa to operate the aircraft type.

AerCap is the world's largest Airbus A320neo Family lessor, with 325 owned and on order.

"We are very pleased to deliver to EGYPTAIR their first A320neo and to be a part of their fleet modernization plan," said Aengus Kelly, CEO of AerCap. "We wish the EGYPTAIR team every success as they continue on their journey to achieve their sustainable growth ambitions with the addition of the most modern, fuel-efficient aircraft."

About AerCap

AerCap is the global leader in aircraft leasing with 1,334 aircraft owned, managed or on order and $43.7 billion of total assets as of December 31, 2019. AerCap has one of the most attractive order books in the industry. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.

Forward-Looking Statements

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SOURCE AerCap Holdings N.V.