AerCap and Boeing Celebrate Delivery of Air France’s First Boeing 787 Dreamliner

Milestone Delivery Signifies AerCap’s 50th 787 Delivery and Boeing’s 500th Dreamliner to Come Off its Production Lines

DUBLIN--(BUSINESS WIRE)-- AerCap Holdings N.V. (“AerCap”) (NYSE: AER) has announced the delivery of the first Boeing 787 Dreamliner for Air France. The 787-9 airplane will be deployed on Air France’s Paris to Cairo route, starting in January 2017.

The aircraft, on long-term lease to Air France from AerCap’s order book with Boeing, is the lessor’s 50th Dreamliner.

“We are delighted to be a part of this significant milestone for both Air France and Boeing,” said AerCap CEO Aengus Kelly. “AerCap is the world’s largest lessor of the Boeing 787 Dreamliner aircraft, with over 80 aircraft owned and on order. We wish our friends and partners at Boeing and Air France continued success.”

“It is with great pride and honor that Air France is taking delivery of its first Boeing 787, the 9th for Air France-KLM,” said Jean-Marc Janaillac, CEO, of Air France-KLM. “Air France's first e-enabled aircraft, the Dreamliner, marks a new stage in the modernization of our fleet. It will offer customers the best of Air France's products and services.”

The Air France-KLM Group has ordered a total of 18 787-9s and seven 787-10s, with an additional 12 787-9s leased through AerCap. The arrival of Air France’s first 787-9 in Paris today is part of the carrier’s continued renewal of its long-haul fleet.

“We’re proud that Air France will be flying this milestone airplane, which shows they are an industry leader in customer service and passenger innovation,” said Boeing Vice Chairman Ray Conner. “We also congratulate AerCap on its milestone 50th 787 and appreciate their continued confidence in the Dreamliner.”

The 787-9 leverages the visionary design of the 787-8, offering passenger-pleasing features such as the industry’s largest windows, large overhead bins with room for everyone’s bag, modern LED lighting, air that is cleaner, more humid and at a higher pressure for greater comfort and technology that senses and counters turbulence for a smoother ride.

About AerCap

AerCap is the global leader in aircraft leasing with, as of September 30, 2016, 1,607 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.

Forward-Looking Statements

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 and follow us on Twitter www.twitter.com/aercapnv.

AerCap Holdings N.V.
For Media:
Gillian Culhane, +353 1 636 0945
Vice President Corporate Communications
gculhane@aercap.com
or
For Investors:
Brian Canniffe, +353 1 418 0461
Head of Investor Relations
bcanniffe@aercap.com

Source: AerCap Holdings N.V.

Released December 2, 2016