February 20, 2020
AerCap Signs Lease Agreement with Belavia Airlines for 3 Embraer E195-E2 Aircraft
DUBLIN – AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced it has signed an agreement with Belavia - Belarusian Airlines for the lease of three new Embraer E195-E2 aircraft. The aircraft are from AerCap’s order book with Embraer. The first aircraft is scheduled to deliver in December 2020, with the remaining two aircraft delivering in March and April 2021.
AerCap was the launch lessor customer of Embraer’s E-Jets E2 and has a total of 50 Embraer E190-E2s and E195-E2s owned and on order.
“We are very pleased to announce the placement of three E2s with Belavia. We have a long history of working with our friends at Belavia, and we are excited to be a part of their fleet renewal plan,” said Philip Scruggs, President and Chief Commercial Officer of AerCap. “With the introduction of Embraer’s most advanced aircraft, Belavia will enjoy improved operating costs and versatility. We look forward to working with the Belavia and Embraer teams as these aircraft deliver.”
AerCap is the global leader in aircraft leasing with 1,334 aircraft owned, managed or on order and $43.7 billion of total assets as of December 31, 2019. 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 Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.
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