AerCap Orders Rolls-Royce Engines for Ten Airbus A330s
AMSTERDAM, Netherlands, June 19 /PRNewswire-FirstCall/ -- AerCap Holdings N.V. ("AerCap," (NYSE: AER)) announced that today it signed an agreement with Rolls-Royce to power ten of the new A330 aircraft that it ordered earlier this year from Airbus with Rolls-Royce Trent 700 engines. Deliveries of the Trent- powered aircraft are due to begin in 2009.
In addition, AerCap announced that it has established a framework agreement with Rolls-Royce by which the Rolls-Royce Total Care services provision will be offered to AerCap's airline customers.
Klaus Heinemann, Chief Executive Officer of AerCap, said: "With this order of Trent engines we are adding a new product to our portfolio. This reflects our strategy of further diversifying the composition of our fleet, not just in terms of aircraft types but also with a broader engine choice and extended service options for our customers".
About AerCap
AerCap is an integrated global aviation company with a leading market position in aircraft and engine leasing, trading and parts sales. AerCap also provides aircraft management services and performs aircraft and engine maintenance, repair and overhaul services and aircraft disassemblies through its certified repair stations. AerCap has a fleet of over 340 aircraft owned, managed or under contracted orders and a diversified commercial engine portfolio.
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For Investors:
Peter Wortel
+31 20 655 9658
pwortel@aercap.com
For Media:
Frauke Oberdieck
+31 20 655 9616
foberdieck@aercap.com
SOURCE AerCap Holdings N.V.
Released June 19, 2007