Amsterdam, Netherlands, July 11, 2012 - (ACN Newswire) -
AerCap Holdings N.V. ("AerCap," "the Company," NYSE:AER) today announced
the completion of the following transactions during the second quarter
2012:
* Signed new lease agreements for 20 aircraft,
* Delivered 11 aircraft under contracted lease agreements,
* Purchased five new aircraft,
* Closed the sale of six aircraft, and
* Signed financing transactions for $340 million.
+--------------------------------------+-------------------+-------------------+
|Transaction Overview |Second Quarter 2012| Year to Date 2012 |
|
| | |
| | | | | |
| |Owned|Managed|Total|Owned Managed Total|
| | | | | |
|Lease Agreements | | | | |
| | | | | |
|Contracts | 20 | - | 20 | 29 - 29 |
| | | | | |
|Letters of Intent | 2 | - | 2 | 3 - 3 |
| | | | | |
|Deliveries | | | | |
| | | | | |
|Closed | 11 | - | 11 | 17 - 17 |
| | | | | |
|Purchases | | | | |
| | | | | |
|Closed | 5 | - | 5 | 10 - 10 |
| | | | | |
|Contract Signed, to be Delivered | 5 | - | 5 | 5 - 5 |
| | | | | |
|Sales | | | | |
| | | | | |
|Aircraft - Closed | 3 | 3 | 6 | 5 5 10 |
| | | | | |
|Aircraft - Contract Signed, to be | 1 | 1 | 2 | 1 1 2 |
|Delivered | | | | |
| | | | | |
| | | | | |
+--------------------------------------+-----+-------+-----+-------------------+
Lease Activities: Contracts Signed for Twenty Aircraft - Eleven Aircraft
Delivered
New Lease Agreements
AerCap signed new lease agreements for 20 aircraft in the second quarter 2012:
* Seven new Boeing 737-800s for China Southern (China),
* Three new Boeing 737-800s for American Airlines as part of the American
Airlines sale and leaseback arrangement (U.S.A.),
* Four new A330s for Singapore Airlines (Singapore),
* One Airbus A319 for TAME (Ecuador),
* One Airbus A319 for Fly Georgia (Georgia),
* One Airbus A319 for Brussels Airlines (Belgium),
* One Airbus A320 for Yamal Airlines (Russia), and
* Two Airbus A320s for Livingston (Italy).
The average term of lease agreements and letters of intent for new aircraft
signed during the past 12 months was 138 months. The average term of lease
agreements and letters of intent for used aircraft in that period was 64 months.
Deliveries
AerCap completed 11 aircraft deliveries under contracted lease agreements in the
second quarter:
* Three new Boeing 737-800s to American Airlines as part of the American
Airlines sale and leaseback arrangement (U.S.A.),
* One Airbus A320 to Frontier (U.S.A.),
* One Airbus A320 to Virgin America (U.S.A.),
* Two Airbus A320s to Atlasjet (Turkey),
* One Airbus A321 to Onur Air (Turkey),
* One Airbus A319 to Hamburg Airlines (Germany),
* One Airbus A319 to TAME (Ecuador), and
* One Airbus A319 to Brussels Airlines (Belgium).
Purchase Activities: Purchases Closed for Five Aircraft
AerCap purchased three new Boeing 737-800s, one new Airbus A320-200 and one new
Airbus A330-300 during the second quarter. AerCap also signed contracts for the
purchase of five new Airbus A330-300s for lease to Singapore Airlines, including
one aircraft contracted for sale during the quarter to AerDragon.
Sales Activities: Six Aircraft Sold
During the second quarter, AerCap closed sales transactions for one Airbus A320,
one Boeing 757-200 and one Airbus A330-300 from its owned portfolio. AerCap also
sold one Boeing 737-400 and two Airbus A320s from its managed portfolio. In
addition to the completed sales transactions and the A330 sales contract with
AerDragon, AerCap signed a contract for the sale of one Boeing B737-400 from its
managed portfolio.
Debt Facilities: $340 Million Completed During the Second Quarter - Total of
$650 Million Year-To-Date
In the second quarter, AerCap closed three financing transactions totaling
approximately $340 million including a $300 million senior unsecured notes
issuance. The total amount of financing transactions completed by AerCap in the
year to date is $650 million.
Portfolio Summary
As of June 30, 2012, AerCap's portfolio consisted of 347 aircraft that were
either owned, on order, under contract, letter of intent or purchase option, or
managed.
About AerCap
AerCap is the world's leading independent aircraft leasing company and has one
of the youngest fleets in the industry. AerCap is a New York Stock Exchange-
listed company (AER) headquartered in The Netherlands with offices in Ireland,
the United States, China, Singapore, and the United Arab Emirates. www.aercap.com
;
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 N.V. via Thomson Reuters ONE
Topic: Press release summary
Source: AerCap Holdings
https://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
