AerCap Delivers First Boeing 787-9 Dreamliner to Ethiopian Airlines

Ethiopian is first airline in Africa to operate the 787-9

SEATTLE--(BUSINESS WIRE)-- AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery of a new Boeing 787-9 to Ethiopian Airlines. The airline will be the first in Africa to operate the 787-9 aircraft. AerCap has already delivered three 787-8 aircraft to Ethiopian Airlines.

AerCap is the world’s largest customer of the 787 aircraft, with a total of 116 owned and on order.

AerCap President and Chief Commercial Officer Philip Scruggs said, “AerCap is very proud to deliver to Ethiopian Airlines their first 787-9 aircraft, as the airline continues to lead the way in African aviation. The 787-9 will complement Ethiopian’s existing fleet of 787-8 aircraft bringing further operational efficiencies and scope to enhance their existing network. We thank our friends and partners at Ethiopian Airlines for their continued confidence in AerCap and wish them every success as they continue to optimize their fleet.”

About AerCap

AerCap is the global leader in aircraft leasing with, as of September 30, 2017, 1,506 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, 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, and 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, we cannot assure you 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. Except as required by applicable law, 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 October 27, 2017