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AerCap Announces Order for Five Additional 787 Dreamliners

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AerCap Holdings N.V. announced an order for five additional Boeing 787-9 Dreamliners during the Farnborough International Airshow on July 19, 2022. This order increases AerCap's total 787 aircraft orders to 125, reinforcing its position as the world's largest 787 customer. The decision aligns with AerCap's strategy to invest in high-demand technologies, supporting airline sustainability efforts. Boeing's 787 Dreamliner is noted for its fuel efficiency and significant role in the long-haul travel market.

Positive
  • Order of five additional Boeing 787-9 Dreamliners enhances AerCap's total to 125.
  • Reinforces AerCap's position as the largest 787 customer globally.
  • Investment aligns with portfolio strategy in high-demand technology.
Negative
  • None.

FARNBOROUGH, United Kingdom, July 19, 2022 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced an order for five additional Boeing 787-9 Dreamliners. The announcement was made at the Farnborough International Airshow.

This transaction brings AerCap's orders for the 787 aircraft to 125, owned and on order. 

Peter Anderson, Chief Commercial Officer of AerCap, said, "AerCap is the world's largest 787 customer and we are very pleased to strengthen that position with this order for five additional aircraft. This transaction is in line with our portfolio strategy of investing in the most in-demand new technology assets and will help us continue to support our airline customers meet their sustainability commitments."

"AerCap oversees a world-class leasing portfolio, epitomized by the most utilized widebody in the industry, the 787 Dreamliner," said Ihssane Mounir, Boeing Senior Vice President of Commercial Sales and Marketing. "With its unparalleled fuel efficiency and passenger appeal, the 787 Dreamliner family is playing a major role in sustaining, reopening and pioneering new routes in the long-haul travel market."

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, Abu Dhabi, Seattle, Toulouse and other locations around the world.

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 Covid-19 pandemic, our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, 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.

For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.

AerCap logo (PRNewsfoto/AerCap Holdings N.V.)

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SOURCE AerCap Holdings N.V.

FAQ

What did AerCap announce on July 19, 2022?

AerCap announced an order for five additional Boeing 787-9 Dreamliners.

How many Boeing 787 aircraft does AerCap now have on order?

AerCap has a total of 125 Boeing 787 aircraft on order.

What is significant about AerCap's position in the 787 market?

AerCap is the world's largest customer of the Boeing 787.

What is the strategic purpose of AerCap's new aircraft order?

The order supports AerCap's strategy of investing in in-demand new technology assets.

How does the Boeing 787 contribute to airline sustainability?

The Boeing 787 is recognized for its fuel efficiency, aiding airlines in meeting sustainability commitments.

Aercap Holdings N.V.

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