AerCap Leases 7 Airbus A350 Aircraft to Delta Air Lines
AerCap Holdings N.V. (NYSE: AER) has signed long-term lease agreements with Delta Air Lines for seven Airbus A350-900 aircraft, set to be delivered in Q3 and Q4 of 2021. These aircraft are equipped with Rolls-Royce Trent XWB-84 engines and are aimed at reducing carbon emissions and noise compared to older models. AerCap CEO Aengus Kelly expressed enthusiasm for supporting Delta's sustainability goals, while Delta's CEO Ed Bastian highlighted the importance of this transaction for their fleet renewal and growth strategy post-pandemic.
- Long-term lease of seven Airbus A350-900 aircraft with Delta, enhancing fleet capabilities.
- Supports Delta's sustainability goals, aligning with market trends.
- Strengthens AerCap's relationship with a major airline, potentially leading to future opportunities.
- None.
DUBLIN, July 13, 2021 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced it has executed agreements with Delta Air Lines for the long-term lease of seven Airbus A350-900 aircraft, delivering in Q3 and Q4 of 2021. All seven aircraft are powered by Rolls-Royce Trent XWB-84 engines.
"This is a significant transaction for AerCap with one of the largest and most successful airlines in the world. We are delighted to support Delta's ambitious commitment to sustainability by leasing these seven Airbus A350 widebodies, which are proven to significantly reduce carbon emissions and external noise footprint over previous-generation aircraft," said Aengus Kelly, CEO of AerCap. "We thank Ed and the team at Delta for the confidence and trust they have placed in AerCap, and we look forward to working with them for many years to come."
"We value our relationship with AerCap, which supported this investment in Delta's future," said Delta CEO Ed Bastian. "As we look past the pandemic, Delta's disciplined, innovative approach to fleet renewal positions us for growth as travel demand returns, while enhancing the customer experience and supporting our sustainability commitments."
About AerCap
AerCap is the global leader in aircraft leasing. 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. There are important factors, including the impacts of, and associated responses to, 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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SOURCE AerCap Holdings N.V.
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