AerCap Celebrates the Delivery of the First Airbus A350-900 Aircraft to Sichuan Airlines

The Milestone Delivery Signifies the First AerCap A350 Delivery to Mainland China

TOULOUSE, France--(BUSINESS WIRE)-- AerCap Holdings N.V. (“AerCap”) (NYSE:AER) today announced the delivery of the first of three new Airbus A350-900 aircraft to Sichuan Airlines on a long-term operating lease from AerCap’s order book with Airbus.

In 1995, AerCap leased to Sichuan Airlines their first Airbus A320, the first aircraft of its type in China, and in 2010 the airline took delivery of their first Airbus A330, on operating lease from AerCap.

AerCap’s President and Chief Commercial Officer Philip Scruggs said, “We are very proud to deliver to our longest-standing Chinese customer of 23 years, Sichuan Airlines, their first Airbus A350 aircraft. We are particularly proud that the aircraft will be the first A350 AerCap delivers to mainland China. The Airbus A350 aircraft will form the main pillar of Sichuan Airlines’ growth plans into the next decade, enabling the airline to provide a level of service and to fly to markets that were not possible prior to today. We wish Chairman Li Haiying and all the team at Sichuan Airlines every success in this next chapter of their journey.”

Sichuan Airlines’ Chairman Li Haiying said, “AerCap is one of the best and longest-standing partners of Sichuan Airlines. The successful delivery of this Airbus A350-900 will further strengthen the relationship between the two companies, and open a new chapter of cooperation and innovative achievements.”

About AerCap

AerCap is the global leader in aircraft leasing with, as of June 30, 2018, 1,471 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 Shannon, Los Angeles, Singapore, Amsterdam, Fort Lauderdale, 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.

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AerCap Holdings N.V.
Investor Relations:
Joseph McGinley, +353 1 418 0428
Head of Investor Relations
jmcginley@aercap.com
or
Media Relations:
Gillian Culhane, +353 1 636 0945
Vice President Corporate Communications
gculhane@aercap.com

Source: AerCap Holdings N.V.

Released August 8, 2018