September 12, 2016
AerCap Delivers its First Airbus A320NEO Aircraft, on Lease to Volaris
Delivery signifies the first carrier in North America to operate the aircraft type
DUBLIN -- AerCap Holdings N.V. (“AerCap”) (NYSE: AER) has announced the delivery of its first Airbus A320neo on lease to Volaris, making the airline the first carrier in North America to operate the aircraft type. This is the first of 10 A320neo aircraft to deliver to Volaris by AerCap, with a further 6 A321neo aircraft on order, delivering through 2018.
AerCap has one of the largest Airbus A320neo Family portfolios with a total of 219 owned and on order aircraft, delivering through 2021.
AerCap President and Chief Commercial Officer Philip Scruggs said, “We are delighted to deliver our first A320neo aircraft on lease to longstanding customer, Volaris and particularly pleased to be the first to deliver the aircraft type to a carrier in North America. The A320neo aircraft is one of the most in-demand single aisle aircraft in the world, incorporating the latest technologies and the most fuel efficient engines. We look forward to continuing our successful relationship with our friends and partners at Volaris as the airline continues to expand its presence on the continent.”
“The arrival of the A320neo symbolizes an important step in our ambitious ultra low-cost strategy,” said Enrique Beltranena, CEO of Volaris. “Volaris is delighted to be the first to bring this new technology to passengers in North America.”
Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE: VLRS and BMV: VOLAR) is an ultra-low cost airline providing point to point services and operating between Mexico, US, and Central America. The ultra-low cost highly efficient business model offered by Volaris provides low base fares to develop its market, coupled with outstanding levels of quality services and a wide array of products. Since beginning their operations in March 2006, Volaris has increased its routes from an initial 5 to a current 154 and its fleet from 4 to 63 aircraft. Volaris currently operates over 302 daily flight segments on routes connecting 40 cities in Mexico and 25 cities internationally. Volaris targets passengers visiting friends and family, price sensitive business travelers, and leisure travelers in Mexico and to select destinations. Proudly Mexican, Volaris is regarded as one of the new leading companies in the country. Among other recognitions, Volaris has received the prestigious ESR Award for Social Corporate Responsibility for seven consecutive years. For more information, please visit: www.volaris.com
AerCap is the global leader in aircraft leasing with, as of June 30, 2016, 1,637 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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