AerCap Delivers First of Three New Airbus A350 XWB Aircraft to Air Caraïbes

First A350 Delivery to a French Carrier

DUBLIN – AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery of a new Airbus A350-900 to Air Caraïbes, the first of three new A350 aircraft deliveries on long-term lease from AerCap’s order book with Airbus. The aircraft was transferred to the French carrier at a ceremony in the Airbus Delivery Centre in Toulouse, attended by Philip Scruggs, President and Chief Commercial Officer of AerCap, Jean-Paul Dubreuil, Chairman of the Supervisory Board of Air Caraïbes, and Marc Rochet, Chairman of the Managing Board of Air Caraïbes, amongst other delegates. A second A350-900 aircraft is scheduled for delivery to Air Caraïbes in March 2017.

AerCap has one of the largest Airbus A350 XWB portfolios with a total of twenty-nine owned and on order, delivering through 2019.

AerCap President and Chief Commercial Officer Philip Scruggs said, “AerCap is proud to deliver the first A350 aircraft to Air Caraïbes. Air Caraïbes will be the first French airline to operate the A350. The aircraft will offer Air Caraïbes greater capacity, increased range and superior operational efficiency. We look forward to continuing our successful relationship with Air Caraïbes.”
Air Caraïbes’ Chairman of the Supervisory Board, Jean-Paul Dubreuil said, “We have been working with AerCap, and previously with ILFC, for over 14 years. They helped us launch our first transatlantic services in 2003 and 2004, by providing two Airbus A330 aircraft, on lease agreements. Our decision to invest in the A350 XWB was down to the competitive positions provided by AerCap.”