DUBLIN, Jan. 17, 2022 /PRNewswire/ -- AerCap
Holdings N.V. ("AerCap") (NYSE: AER) has announced its major
business transactions during the full year and fourth quarter
- Completed the GECAS transaction on November 1, 2021, making AerCap the worldwide
industry leader across all areas of aviation leasing: aircraft,
engines and helicopters.
- In December 2021, AerCap
received an MSCI ESG Rating of "A," an improvement from our
previous ESG rating of "BBB."
Aengus Kelly, Chief Executive Officer of AerCap, said,
"Throughout 2021, we saw a steady improvement in the performance
of the airline industry as borders reopened to travel and passenger
traffic increased. For AerCap, this manifested itself in an
increased level of transaction activity due to the growing demand
for aircraft. I am optimistic that we will see further increases in
passenger traffic during 2022 as the recovery continues.
"I am delighted that we successfully completed the
acquisition of the GECAS business during the fourth quarter. Our
ability to raise $24 billion of
long-term funding for the acquisition at very attractive rates
illustrates the depth of investor interest in aircraft leasing and
is a testament to AerCap's platform and its strong management
"Another important milestone during the quarter was the
upgrade of our ESG rating by MSCI. In addition, our Board of
Directors has established an ESG Committee to further strengthen
our commitment in this area."
Full Year 2021 Transactions
- Raised long-term funding of approximately $30.5 billion, including $24 billion in the fourth quarter to finance the
- Signed 311 lease agreements.
- Completed 65 purchases.
- Executed 62 sale transactions.
Fourth Quarter 2021 Transactions
- Signed 158 lease agreements, including 19 widebody
aircraft and 92 narrowbody aircraft, 27 engines and 20
- Completed 42 purchases for 29 aircraft (including 16
Airbus A320neo Family aircraft, 1 Airbus A220 aircraft and 5 Boeing
737 MAX aircraft for AerCap's owned aircraft portfolio and 7
aircraft for AerCap's managed aircraft portfolio), 5 engines and 8
- Executed 30 sale transactions for 23 aircraft (including
5 Airbus A320 Family aircraft, 2 Airbus A320neo Family aircraft, 5
Boeing 737NGs, 4 Boeing 757s, 2 Boeing 737 MAX aircraft and 1
Boeing 767-300ER from AerCap's owned aircraft portfolio and 4
aircraft from AerCap's managed aircraft portfolio), 4 engines and 3
The full year and fourth quarter numbers include transactions of
the combined company for the period after closing of the GECAS
acquisition on November 1, 2021.
Transactions prior to closing are only included for AerCap on a
AerCap is the global leader in aviation
leasing with a portfolio of over 3,500 aircraft, engines and
helicopters. AerCap serves approximately 300 customers
around the world with comprehensive fleet solutions. AerCap is
listed on the New York Stock Exchange (AER) and is based in
Dublin with offices in Shannon,
Miami, Singapore, Amsterdam, Shanghai, Abu
Dhabi, Seattle, Toulouse
and other locations around the world.
This press release contains certain statements, estimates and
forecasts with respect to 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,"
"might," "should," "expect," "plan," "intend," "estimate,"
"anticipate," "believe," "predict," "potential" or "continue" or
the negatives thereof or variations thereon or similar terminology.
All statements other than statements of historical fact 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 about future events. There are important factors,
including the impacts of, and associated responses to: the Covid-19
pandemic, our ability to successfully integrate GECAS' operations
and employees and realize anticipated synergies and cost savings;
and the potential impact of the consummation of the GECAS
transaction on relationships, including with employees, suppliers,
customers and competitors, that could cause our actual results,
level of activity, performance or achievements to differ materially
from the results, level of activity, performance or achievements
expressed or implied in the forward-looking statements. As a
result, we cannot assure you that the 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 might not occur. Accordingly, you
should not rely upon forward-looking statements as a prediction of
actual results and we do not assume any responsibility for the
accuracy or completeness of any of these forward-looking
statements. Except as required by applicable law, we do not
undertake any obligation to, and will not, update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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www.aercap.com and follow us on Twitter
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SOURCE AerCap Holdings N.V.