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AerCap Holdings N.V. Announces Third Quarter 2011 Transactions
IndustrialsIndustrial Goods & ServicesIndustrial Transportation
    
    
      Economy, Business And Finance
        Company Information
    

    


Amsterdam,  The Netherlands; October 13, 2011 -  AerCap Holdings N.V. ("AerCap,"
"the  Company",  NYSE:  AER)  today  announced  the  completion of the following
transactions during the third quarter 2011:

  * Signed new lease agreements for five aircraft,
  * Delivered nine aircraft under lease agreements,
  * Purchased four aircraft, and
  * Sold six aircraft, and signed contracts for the sale of one aircraft from
    our managed portfolio.


The  above excludes  transactions completed  by AerCap's wholly-owned subsidiary
AeroTurbine, which was sold to International Lease Finance Corporation (ILFC) on
October 7, 2011.


+----------------------------+-------------------+-------------------+
|Transaction Overview        |Third Quarter 2011*|Year to Date 2011* |
|                            |                   |                   |
|                            |     |       |     |                   |
|                            |Owned|Managed|Total|Owned Managed Total|
|                            |     |       |     |                   |
|Lease Agreements            |     |       |     |                   |
|                            |     |       |     |                   |
|Aircraft (Contracts)        |  5  |   -   |  5  | 18      1     19  |
|                            |     |       |     |                   |
|Aircraft (Letters of Intent)|  5  |   -   |  5  |  5      -      5  |
|                            |     |       |     |                   |
|Deliveries                  |     |       |     |                   |
|                            |     |       |     |                   |
|Aircraft                    |  9  |   -   |  9  | 26      1     27  |
|                            |     |       |     |                   |
|Engines                     |  -  |   -   |  -  |  2      -      2  |
|                            |     |       |     |                   |
|Purchases                   |     |       |     |                   |
|                            |     |       |     |                   |
|Aircraft (Closed)           |  4  |   -   |  4  | 11      -     11  |
|                            |     |       |     |                   |
|Aircraft (Contract Signed,  |  -  |   -   |  -  |  2      -      2  |
|to be Delivered)            |     |       |     |                   |
|                            |     |       |     |                   |
|Sales                       |     |       |     |                   |
|                            |     |       |     |                   |
|Aircraft (Closed)           |  6  |   -   |  6  |  9      2     11  |
|                            |     |       |     |                   |
|Aircraft (Contract Signed,  |  -  |   1   |  1  |  -      5      5  |
|to be Delivered)            |     |       |     |                   |
+----------------------------+-----+-------+-----+-------------------+

*excludes transactions completed by AeroTurbine


Lease Activities: Contracts Signed for Five Aircraft - Nine Aircraft Delivered

New Lease Agreements

AerCap signed five new lease agreements for aircraft in the third quarter 2011:
  * Two new Boeing 737-800s for American Airlines (United States),
  * Two new Boeing 737-800s for Garuda (Indonesia), and
  * One Airbus A320 for Fly Aruba (Aruba).


The average term of lease agreements for new aircraft signed year-to-date during
2011 was  150 months. The  average term  of lease  agreements for  used aircraft
signed year-to-date during 2011 was 80 months (including letters of intent).

Deliveries

AerCap  completed nine aircraft deliveries in the third quarter under contracted
lease agreements:

  * One new Airbus A330 for Virgin Atlantic Airways (United Kingdom),
  * One new Airbus A330 for Sichuan Airlines (China),
  * Two new Boeing 737-800s for American Airlines (United States),
  * One Airbus A319 for Aircompany Tatarstan (Russia),
  * One Airbus A320 for Garuda (Indonesia),
  * One Airbus A320 for Interjet (Mexico),
  * One Airbus A320 for Fly Aruba (Aruba), and
  * One Airbus A319 for Avianca (Colombia).



Purchase Activities: Purchases Closed for Four Aircraft

During  the third quarter,  AerCap acquired two  new Airbus A330s under existing
commitments  with Airbus and entered  into a purchase-leaseback arrangement with
American  Airlines to finance up to  thirty-five Boeing 737-800 aircraft, two of
which were acquired during the third quarter.


Sales Activities: Six Aircraft Sold - Agreement for One Aircraft Executed

During  the third  quarter, AerCap  closed sales  transactions for  three Airbus
A320s, one Airbus A330, one Boeing 737-300, and one Boeing 757-200.

In addition to the completed sale transactions, AerCap executed an agreement for
the sale of one Boeing 757-200 from its managed portfolio.



Debt Facilities: Total of $1.1 Billion Completed Year-To-Date

In   the  third  quarter,  AerCap  closed  four  different  facilities  totaling
approximately  $0.2 billion. These  facilities provided long  term financing for
three  aircraft,  and  a  Pre-Delivery-Payment  facility covering a further four
aircraft delivering in 2012 and 2013.

Portfolio Summary

As  of September 30, 2011, AerCap's  portfolio consisted of  359 aircraft and 8
engines that were either owned, on order, under contract or letter of intent, or
managed.

The transaction information above excludes transactions completed by AeroTurbine
during  the third quarter  and year to  date, the portfolio information excludes
all engines and aircraft owned by AeroTurbine at September 30, 2011.


About AerCap

AerCap  is the world's  leading independent aircraft  leasing company. AerCap is
headquartered  in The Netherlands and has offices in Ireland, the United States,
China, Singapore, the United Arab Emirates and the United Kingdom.
--------------------------------------------------------------------------------

This press release may contain forward-looking statements that involve risks and
uncertainties.  In most  cases, you  can identify  forward-looking statements by
terminology   such   as  "may",  "should",  "expects",  "plans",  "anticipates",
"believes",  "estimates", "predicts", "potential" or  "continue" or the negative
of  such terms or similar terminology.   Such forward-looking statements are not
guarantees  of future performance and involve significant assumptions, risks and
uncertainties,  and  actual  results  may  differ  materially  from those in the
forward-looking statements.

 For Media:              For Investors:
 Frauke Oberdieck        Peter Wortel
 Tel. +31 20 655 9616    Tel. +31 20 655 9658
 foberdieck@aercap.com   pwortel@aercap.com









This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: Aercap Holdings NV via Thomson Reuters ONE

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