AerCap Announces Lease Placement of Three Embraer E195-E1 Aircraft with Airlink

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06/28/2023 - 07:00 AM

DUBLIN, June 28, 2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced lease placements with Airlink, the largest regional airline in Southern Africa, for three used Embraer E195-E1 aircraft. The first aircraft was delivered in March, while the second and third aircraft are scheduled for delivery in July 2023.

"We are very pleased to welcome Airlink as a new customer to AerCap with the lease of three E195 aircraft," said Peter Anderson, the Chief Commercial Officer of AerCap. "We wish all the team at Airlink every success and look forward to working with them for many years to come."

"Airlink is on a steady growth path, expanding its network, schedule and market share. With AerCap's support on these leases, we will be able to maintain this upward trajectory. The efficiencies derived from continuity across our fleet will help us contain costs and continue providing great value and affordable air travel to our customers." said Airlink CEO and Managing Director, Rodger Foster.

About AerCap

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.

About Airlink

Airlink is Southern Africa's premier privately-owned regional airline. Airlink's fleet of over 60 Embraer aircraft serves 45 destinations throughout Southern and East Africa as well as Madagascar and St. Helena Island. Airlink has consistently been South Africa's most reliable airline over the last two years, with a 95.87% average on-time performance so far this year. Airlink is an IATA member and accredited under its safety audit programme.

Forward-Looking Statements

This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Ukraine Conflict, the Covid-19 pandemic, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

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