June 21, 2017
Airline Will Be First in Italy to Operate 737 MAX
PARIS – AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the signing of a lease agreement with the Italian carrier Neos for two Boeing 737 MAX aircraft. Based at Milan Malpensa Airport, Neos will become the country's first 737 MAX operator when it takes delivery of the airplane in 2019.
"We are delighted to add Neos to our list of airline customers for the 737 MAX," said Philip Scruggs, President and Chief Commercial Officer, AerCap. "Neos is a long-time customer and we're excited to work with the team on the delivery of their first 737 MAX and we are particularly pleased that Neos will be the first operator of the aircraft type in Italy."
"We are sure that our customers will love the 737 MAX. Its range will allow us to fly further, non-stop and to more destinations with an unmatched fuel efficiency," said Carlo Stradiotti, Chief Executive Officer of Neos.
AerCap is the third largest 737 MAX lessor in the world, with 100 aircraft on order.
Founded in 2001, Neos caters to Italy's leisure market providing flights predominately from Milan, but also other major Italian cities, to destinations across Africa, Asia, the Caribbean and the Mediterranean. Neos is part of Alpitour World, the leading integrated leisure concern in Italy operating, apart from aviation, in tour operating, hotel management, destination management services and distribution.
AerCap is the global leader in aircraft leasing with, as of March 31, 2017, 1,541 owned, managed or on order aircraft in its portfolio. 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 Amsterdam, Los Angeles, Shannon, Fort Lauderdale, Miami, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
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