AerCap Leased, Purchased and Sold 60 Aircraft in the Third Quarter 2021

Rhea-AI Summary

AerCap Holdings N.V. (NYSE: AER) reported significant business activities in Q3 2021. The company signed lease agreements for 42 aircraft, comprising 5 widebody and 37 narrowbody aircraft. Additionally, 7 aircraft were purchased, including 5 Airbus A320neo and 2 Boeing 737 MAX. AerCap also executed sales for 11 aircraft and secured financing transactions worth approximately $1.1 billion. As a global leader in aircraft leasing, AerCap maintains a robust order book and serves around 200 customers globally.

Positive

• Leased 42 aircraft, enhancing fleet utilization.
• Purchased 7 aircraft, indicating strategic growth.
• Executed sales for 11 aircraft, optimizing asset management.
• Secured $1.1 billion in financing, strengthening financial position.

Negative

• None.

DUBLIN, Oct. 7, 2021 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has announced its major business transactions during the third quarter 2021:

• Signed lease agreements for 42 aircraft, including 5 widebody aircraft and 37 narrowbody aircraft.
  
  
• Purchased 7 aircraft, including 5 Airbus A320neo Family aircraft and 2 Boeing 737 MAX aircraft.
  
  
• Executed sale transactions for 11 aircraft, including 3 Airbus A340s, 3 Boeing 737NGs, 3 Boeing 737 Classics and 2 Boeing 767-300ERs from AerCap's owned portfolio.
  
  
• Signed financing transactions for approximately $1.1 billion.

About AerCap

AerCap is the global leader in aircraft leasing with 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

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," "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, including the impacts of, and associated responses to: the Covid-19 pandemic; our ability to consummate the proposed GECAS transaction; our ability to obtain requisite regulatory approval and the satisfaction of other conditions to the consummation of the proposed GECAS transaction; our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the announcement or consummation of the proposed GECAS transaction on relationships, including with employees, suppliers, customers and competitors. There are important factors 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.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/aercap-leased-purchased-and-sold-60-aircraft-in-the-third-quarter-2021-301394979.html

SOURCE AerCap Holdings N.V.

FAQ

What aircraft did AerCap lease in Q3 2021?

AerCap leased 42 aircraft, including 5 widebody and 37 narrowbody aircraft.

How many aircraft did AerCap purchase in Q3 2021?

AerCap purchased 7 aircraft, consisting of 5 Airbus A320neo Family and 2 Boeing 737 MAX.

What were AerCap's aircraft sale transactions in Q3 2021?

AerCap executed sale transactions for 11 aircraft, including several Boeing and Airbus models.

What financing transactions did AerCap execute in Q3 2021?

AerCap signed financing transactions for approximately $1.1 billion.