September 30, 2016
AerCap Delivers New A350XWB to LATAM
First A350 Delivery to LATAM by AerCap
DUBLIN – AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery of a new Airbus A350-900 to LATAM Airlines Group S.A. (“LATAM Airlines”). The aircraft was transferred to LATAM Airlines at the Airbus Delivery Centre in Toulouse.
AerCap has one of the largest Airbus A350XWB portfolios with a total of seven owned and another 22 on order aircraft - one of the most in-demand aircraft in the world.
AerCap President and Chief Commercial Officer Philip Scruggs said, “LATAM Airlines is a longstanding customer and we are delighted to support its fleet renewal program by delivering the first of nine Airbus A350-900 aircraft. The A350-900 offers greater capacity and increased range which will support its growing network, as well as improved operational efficiency. We look forward to continuing our successful relationship with our friends and partners at LATAM Airlines as the airline expands its fleet.”
About LATAM Airlines Group S.A.
LATAM Airlines Group S.A. is the new name given to LAN Airlines S.A. as a result of its association with TAM S.A. LATAM Airlines Group S.A. now includes LATAM Airlines Group (before LAN Airlines) and its affiliates in Peru, Argentina, Colombia and Ecuador, and LATAM Cargo and its affiliates, as well as TAM S.A. and its subsidiaries TAM Linhas Aereas S.A. (LATAM Airlines Brasil), including its business units TAM Transportes Aereos del Mercosur S.A., (LATAM Airlines Paraguay) and Multiplus S.A. This association creates one of the largest airline groups in the world in terms of network connections, providing passenger transport services to about 138 destinations in 25 countries and cargo services to about 140 destinations in 29 countries, with a fleet of 324 aircraft. In total, LATAM Airlines Group S.A. has approximately 48.000 employees and its shares are traded in Santiago, as well as on the New York Stock Exchange, in the form of ADRs.
LATAM is the new brand that has been adopted by the airline members of LATAM Airlines Group. The group has started to implement the LATAM and LATAM Airlines brand to its customer contact points and aircraft, and will continue implementing LATAM in its products and services as part of a gradual roll-out that will last approximately three years.
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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