AerCap Executes First Placement of Ten 737 MAX 8s to Travel Service
January 13 2016 - 8:31AM
Aircraft Will
Support the Carrier's Fleet Renewal and Expansion
Amsterdam, The Netherlands;
January 13, 2016 - AerCap Holdings N.V. ("AerCap", NYSE: AER) today
announced that the company has executed the first placement of ten
Boeing 737 MAX 8 aircraft from its order book. Leased to Travel
Service, AerCap's long-time customer and the Czech Republic's
biggest airline company, the aircraft are part of AerCap's order of
100 737 MAXs placed in June 2015 with deliveries starting in 2019.
AerCap is Boeing's second largest lessor customer in the 737 MAX
program.
"We leased our first 737 to Travel
Service in 2000," remarked AerCap President & Chief Commercial
Officer Philip Scruggs. "Over the past 16 years, the airline has
grown into a regional leader in the Czech Republic and Central
European aviation. These 737 MAXs will renew and expand Travel
Service's fleet and ensure its leadership over the next
decade."
"As our long-time and reliable
partner, AerCap helps us expand Travel Service's fleet and
contributes to further growth of the company. This agreement stands
as a testimony to the extended and successful business cooperation
between our companies, which we value greatly," said Roman Vik,
General Director of Travel Service. "As Travel Service is expanding
and growing, we are convinced that the new Boeing 737 MAX aircraft
are great for our airline. The 737 MAXs will bring the most
advanced technologies and engines that provide lower fuel and
operating costs, as well as a high level of passenger comfort. We
are delighted that we will have a competitive advantage on the
market because of the new, modern Travel Service's fleet."
AerCap has one of the most
attractive order books in the industry, holding top customer
positions across all modern technology aircraft, including large
orders for the Boeing 737 MAX 8, the Boeing 787 Dreamliner, the
Airbus A350, and the Airbus A320neo family.
About Travel
Service
Travel Service is the biggest Czech airline company. Travel Service
operates regular flights under the SmartWings brand, charter
flights and private flights in the Business Jet category. Travel
Service planes are flying to more than 300 airports on 4
continents. Travel Service is present on market not only in the
Czech Republic, but also in Slovakia, Poland and Hungary, where the
company has its subsidiary companies. www.travelservice.aero
About
AerCap
AerCap is the global leader in aircraft leasing with 1,725 owned,
managed or on order aircraft in its portfolio. AerCap has one of
the most attractive order books in the industry. AerCap serves over
200 customers in approximately 90 countries with comprehensive
fleet solutions, and provides part-out and engine leasing services
through its subsidiary, AeroTurbine. AerCap is listed on the New
York Stock Exchange (AER) and has its headquarters in Amsterdam
with offices in Dublin, Los Angeles, Shannon, Fort Lauderdale,
Miami, Singapore, Shanghai, Abu Dhabi, Seattle and Toulouse.
Forward Looking
Statements
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 Investors/Media:
John Wikoff
Tel. +31 631 699 430
jwikoff@aercap.com
|
AerCap Press Release Travel Service
Jan 13 2016
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: AerCap Holdings N.V. via Globenewswire
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