AerCap Leased, Purchased and Sold 436 Aircraft in 2018

AerCap Holdings N.V. (“AerCap”) (NYSE:AER) has announced its major business transactions during the full year and fourth quarter 2018.

Aengus Kelly, CEO of AerCap commented, “Q4 was a record quarter for AerCap. We executed 145 aircraft transactions including 72 leases, 36 sales of older aircraft and 37 purchases of the most in demand new technology aircraft. I would particularly like to note that we have now leased 48 of the 50 Embraer E-2 aircraft that we have on order. Further to this we continued to add to AerCap’s lender group through the execution of $500 million of new debt facilities and ended the year with approximately $10bn in available liquidity.”

“These activities illustrate the unmatched capability and scale of AerCap’s platform. It also highlights the continued demand for our aircraft both to meet our airline customers’ needs and as an asset class for investors.”

Full Year 2018 Transactions

• Signed lease agreements for 257 aircraft.
• Purchased 76 aircraft.
• Executed sale transactions for 103 aircraft.
• Signed financing transactions for $6.9 billion.

Fourth Quarter 2018 Transactions

• Signed lease agreements for 72 aircraft, including 8 widebody aircraft and 64 narrowbody aircraft.
• Purchased 37 aircraft, including 26 Airbus A320neo Family aircraft, 2 Airbus A350s, 3 Boeing 737 MAX 8s, 5 Boeing 787s and 1 Embraer E2.
• Executed sale transactions for 36 aircraft, including 14 Airbus A320 Family aircraft, 2 Airbus A330s, 6 Boeing 737NGs, 1 Boeing 737 Classic, 1 Boeing 757, 2 Boeing 777-200ERs and 1 Boeing 777-300 from AerCap’s owned portfolio and 9 Airbus A320 Family aircraft from AerCap’s managed portfolio.
• Signed financing transactions for $500 million.