The first airline in Africa to reach the milestone
DUBLIN--(BUSINESS WIRE)--Jun. 6, 2018--
AerCap Holdings N.V. (“AerCap”) (NYSE: AER) has announced the delivery
of a new Boeing 787 Dreamliner, on long term operating lease to
Ethiopian Airlines. The milestone delivery marks an important first in
African aviation, with Ethiopian Airlines becoming the first African
airline to reach 100 aircraft.
AerCap is the world’s largest lessor of the Boeing 787 Dreamliner
aircraft, with 115 aircraft owned and on order.
This milestone follows a series of firsts celebrated by AerCap and
Ethiopian Airlines. In July 2016AerCap delivered to Ethiopian Airlines
their first Airbus A350 aircraft, making the airline the first operator
in Africa, followed by the delivery of their first 787-9 in October 2017.
“We are very pleased to deliver the 100th aircraft to
Ethiopian Airlines, and to be a part of the airlines’ great success
story,” said Aengus Kelly, CEO of AerCap. “We congratulate Tewolde
GebreMariam and all the team at Ethiopian Airlines, and wish them
continued success in leading the way in African aviation.”
Ethiopian Group CEO, Mr. Tewolde GebreMariam said: “It is an immense
honor for all of us at Ethiopian to reach the milestone of 100 aircraft.
This milestone is a continuation of our historical aviation leadership
role in Africa and a testimony of the successful implementation of our
fast, profitable and sustainable growth plan, Vision 2025.”
Marty Bentrott, senior vice president sales for Middle East, Turkey,
Africa, Russia & Central Asia Boeing Commercial Airplanes said, “The
delivery of the Boeing 787-9 Dreamliner as Ethiopian Airlines’ 100th
aircraft is a proud moment in our historic partnership. Over the years,
Ethiopian has been an aviation pioneer in Africa, flying
technologically-advanced airplanes such as the Boeing 777, 787 and soon
the 737 MAX as well. It's an honor to be Ethiopian Airline's partner. We
are also proud to work with Ethiopian to continue a tradition of
transporting humanitarian supplies on the delivery flight.”
AerCap is the global leader in aircraft leasing with, as of March 31,
2018, 1,519 owned, managed or on order aircraft in its portfolio. AerCap
has one of the most attractive order books in the industry. AerCap
serves approximately 200 customers in approximately 80 countries with
comprehensive fleet solutions. AerCap is listed on the New York Stock
Exchange (AER) and has its headquarters in Dublin with offices in
Shannon, Los Angeles, Singapore, Amsterdam, Fort Lauderdale, Shanghai,
Abu Dhabi, Seattle and Toulouse.
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,"
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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 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.
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to, and will not, update any forward-looking statements, whether as a
result of new information, future events or otherwise.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180606005687/en/
Source: AerCap Holdings N.V.
AerCap Holdings N.V.
Gillian Culhane, +353 1
Vice President Corporate Communications
Joseph McGinley, +353 1 418 0428