AUGUST 16TH, 2016

AerCap Delivers Second New Airbus A350 XWB Aircraft to Ethiopian Airlines

DUBLIN—(BUSINESS WIRE)— AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery of a second new Airbus A350-900 to Ethiopian Airlines. The first aircraft was delivered in June, marking the first A350 XWB aircraft to be delivered to an African carrier.

AerCap has one of the largest Airbus A350 XWB portfolios with a total of six owned and another 23 on order aircraft delivering through 2019. AerCap has now leased two A350 XWB aircraft to Vietnam Airlines, two to Cathay Pacific Airways and now with the latest delivery a further two to Ethiopian Airlines.

AerCap President and Chief Commercial Officer Philip Scruggs said, “We are pleased to deliver the second A350 XWB to Ethiopian Airlines, a longstanding customer of AerCap. The A350 aircraft is one of the most in-demand aircraft in the world and we are proud to be one of the largest owners of this aircraft type. We look forward to continuing our successful relationship with our friends and partners at Ethiopian Airlines as the airline continues to enhance its fleet.”