AerCap signs retention and lease extension agreements with SAS for 6 Airbus A320s

DUBLIN, October 5, 2022 /PRNewswire/ — AerCap Holdings NV (“AerCap” or the “Company”) (NYSE: AER) announced today that it has signed agreements with SAS AB (“SAS”) for the retention and extension of lease of six Airbus A320s.

“We are delighted to support SAS in implementing its business transformation plan, ‘SAS FORWARD’, through a voluntary Chapter 11 process which should lead to a financially stable and profitable airline. These aircraft will help support SAS in its goals of being a highly competitive and operationally efficient airline,” said Aengus Kelly, Chairman and Chief Executive Officer of AerCap. “SAS has been a long-time customer of AerCap, and we wish Anko van der Werff and the entire SAS team every success and look forward to a continued partnership for many years to come.”

About AerCap

AerCap is the world leader in aircraft leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers worldwide with complete fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is headquartered in Dublin with offices in Shannon, Miami, Singapore, Memphis, amsterdam, Shanghai, Abu Dhabi, SeattleToulouse and elsewhere in the world.

Forward-looking statements

This press release contains certain statements, estimates and forecasts regarding 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”, “could”, “should”, “expect”, “plan”, “intend”, “, “will”, “aim”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue” or their negative forms or variations thereof or similar terminology. All statements other than the statements of historical facts 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 regarding future events.There are important factors including impacts and responses associated with: the Ukrainian conflict, the Covid-19 pandemic, our ability to successfully integrate GECAS operations and employees and achieve anticipated synergies and cost savings; and the potential impact of completing the GECAS Transaction on relationships, including with employees, suppliers, customers and competitors, which could cause our actual results, level of activity, performance or our achievements differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. Accordingly, we cannot assure you that any 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 may not occur. Accordingly, you should not rely on any forward-looking statements as a prediction of actual results and we assume no responsibility for the accuracy or completeness of any such forward-looking statements. Except as required by applicable law, we undertake no obligation to update and will not update any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCEAerCap Holdings NV

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