July 18, 2016
AerCap Delivers Second Airbus A350 XWB Aircraft to Cathay Pacific Airways
HONG KONG -- AerCap Holdings N.V. ("AerCap"), (NYSE:AER) today announced the delivery of a second new Airbus A350-900 to Cathay Pacific Airways, on long-term lease from AerCap’s order book with Airbus. This follows delivery of the first A350-900 aircraft to Cathay Pacific in May 2016.
AerCap has one of the largest Airbus A350 XWB portfolios with a total of five owned and 24 on order aircraft delivering through 2019. AerCap has now leased two A350 XWB aircraft to Vietnam Airlines, one to Ethiopian Airlines with a second to follow next month, and two to Cathay Pacific Airways.
AerCap President and Chief Commercial Officer Philip Scruggs said, “We are pleased to deliver the second A350-900, one of the most in-demand aircraft in the world, to long-time customer airline, Cathay Pacific Airways. We look forward to continuing our successful relationship with the Cathay Pacific team as the airline optimizes its fleet.”
AerCap is the global leader in aircraft leasing with, as of June 30, 2016, approximately 1,640 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.
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, 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 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, there can be no assurance 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. 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.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com.