February 17, 2022
AerCap Announces Scholarship Program with Thailand’s Chulalongkorn University, Faculty of Engineering
Supporting the growth and development of aviation in the SE Asia Region
AerCap Holdings N.V. (“AerCap” or the “Company”) (NYSE: AER) today announced it will provide 10 scholarships to students of the Faculty of Engineering at the International School of Engineering at Chulalongkorn University, Thailand’s number one ranked university and a world-class leader in aerospace engineering education.
Over a 4-year period, AerCap will provide 10 fully funded scholarships to students of the undergraduate degree program in Aerospace Engineering. In addition to the scholarships, AerCap will provide a range of tailored supports to students, including guest lectures and workshops, and summer internships. As part of the scholarship program, final year students will undertake a research project in collaboration with AerCap. The project will focus on AerCap’s environmental objectives, to transition to a lower-carbon economy through the purchase of new technology fuel-efficient aircraft, to reduce its carbon footprint and to drive sustainable growth for its airline customers and the wider aviation industry.
AerCap has been leasing aircraft to Thai customers for over 40 years. During this time, AerCap has developed deep ties with the Thai aviation industry through its partnership with Thai Airways, Bangkok Airways, Air Asia X Thailand and Nok Air.
Aengus Kelly, Chief Executive Officer of AerCap, said, “We are very proud to partner with such a prestigious institution as Chulalongkorn University. While we recognize the financial hardship and difficulties faced by many people across the world as a result of the global pandemic, it is very important to continue to educate the next generation of aerospace pioneers through educational programs such as this degree in Aerospace Engineering. Through this initiative, AerCap will support the Royal Thai Government’s goal of making Thailand the center of aviation in South-East Asia. We look forward to collaborating with the Faculty of Engineering at Chulalongkorn over the coming years.”
Prof. Supot Teachavorasinskun, Dean of the Faculty of Engineering, Chulalongkorn University said, “This collaboration between Chulalongkorn University and AerCap represents a dedicated effort to ensure Thailand’s future as a regional aviation hub. Strong collaborative links between industry and academia are crucial for the provision of a cutting edge and industry-relevant engineering education. This aligns directly with Chulalongkorn University’s mission to continue leading in this capacity, with a commitment to industry-led workshops and lectures, along with industry research projects - all contributing to an engaging and enriching learning experience. AerCap’s substantial and generous scholarship program will support the Aero Engineering program in continuing to attract highly talented individuals into this growing and flourishing industry.”
In the Message presented to AerCap by the Faculty of Engineering, H.E. Mr. Saksayam Chidchob, Minister of Transport of Thailand, said, “On behalf of the Ministry of Transport, I would like to congratulate AerCap and the Faculty of Engineering, Chulalongkorn University, for their cooperation. This scholarship program will strengthen cooperation and collaboration on aviation through various activities, including educational support initiatives. AerCap’s scholarships to students at Aerospace Engineering Program provides excellent opportunities and consideration on human resource development. Lastly, I am confident that Chulalongkorn University and AerCap will continue to develop high-quality education in aerospace engineering to support the aviation industry in the future.”
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, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
About Chula Engineering
The faculty is Thailand’s oldest and finest engineering school. For many years, it is ranked as the best engineering school in Thailand and listed as one of the top engineering schools in Asia. Dedicated to developing basic concepts into innovative ideas, the faculty works for the betterment of the Thai and global societies.
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Ms. Gillian Culhane
Vice President Corporate Communications, AerCap
Tel. + 353 1 6360945
Ms. Thitinan Nitiphumiveshsakul
PR & Marketing Officer, International School of Engineering (ISE)
Tel. +66 2 218 6422 ext. 114