DUBLIN, Aug. 1, 2024
/PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company")
(NYSE: AER) today announced the delivery of the
first three of fifteen new
Airbus A321neo aircraft on long-term lease to
AirAsia Group* (AirAsia). The remaining 12 units are
scheduled to deliver in 2024 and 2025.
To mark the delivery of the new A321neo aircraft and the
strengthening of their operational fleet to 200 aircraft, AirAsia
hosted a special ceremony at their corporate headquarters, RedQ in
Malaysia. The event was attended
by the Deputy Minister of Transport Malaysia, Yang Berhormat Datuk
Haji Hasbi bin Haji Habibollah, Bo Lingam, CEO of AirAsia Aviation
Group, Farouk Kamal, Deputy CEO
(Corporate) of AirAsia Aviation Group, among other senior
representatives from AirAsia Aviation Group and Airbus.
Speaking at the event, Peter
Anderson, the Chief Commercial Officer of AerCap, said, "The
partnership between AirAsia and AerCap dates back nearly 30 years
to the founding of the airline, and it is a great pleasure to
celebrate the expansion of AirAsia's fleet as we start to deliver a
stream of fifteen new Airbus A321neo aircraft. These A321neo
aircraft will complement AirAsia's current fleet and will bring
improved cost and operational efficiencies, with more capabilities
to support its continued expansion throughout the region, and well
into the future. We congratulate Datuk Kamarudin Meranun,
Tony Fernandes, Bo Lingam,
Farouk Kamal, and the entire AirAsia
team, and wish them continued success in the years to come."
CEO of AirAsia Aviation Group, Bo Lingam said: "This year marks
a pivotal year for AirAsia's growth as we resume our Airbus A321neo
deliveries, aligning with the strong forecast demand. These new
aircraft are game-changers, allowing us to enhance our route
network, offer longer-range flights, and improve operational
efficiency. We are also proud to be working with AerCap, the
largest aviation leasing company in the world known for its
extensive portfolio and global reach which underscores the industry
confidence in our growth trajectory, while Airbus remains
instrumental in our expansion plans over the next five years. These
aircraft will be a key enabler for our Fly-thru services that have
been integral to our network growth. AirAsia's Fly-Thru guests have
grown to 18% this year, and with the new aircraft, this is expected
to increase to 25% by 2025. Looking ahead, we anticipate our fleet
to exceed 300 aircraft within the next five years, carrying over
100 million guests annually. This expansion marks the beginning of
AirAsia's new era as the world's first low-cost network carrier,
with the aim to connect Asean with the world and vice versa."
About AerCap
AerCap is the global leader in aviation leasing with one of the
most attractive order books in the industry. 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, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around
the world.
About AirAsia
The birth story of AirAsia, the aviation arm of Capital A, is an
industry legend. It started back in 2001 when Tony Fernandes and Kamarudin Meranun bought an
ailing airline with two aircraft and 200 staff and turned it into
the fourth largest in Asia, with
more than 200 aircraft and 21,000 staff across Malaysia, Thailand, Indonesia, Cambodia, the
Philippines, and more. With affordability, inclusivity and
accessibility underpinning the operation, AirAsia has carried more
than 800 million guests to over 130 destinations in its network.
With the mission to serve the underserved, it has connected people
and places, and has largely been credited for democratizing air
travel in the region with its famous tagline 'Now Everyone Can
Fly'
*AirAsia Group refers to AirAsia Malaysia, AirAsia Thailand,
AirAsia Indonesia, AirAsia Philippines, and AirAsia Cambodia
Forward-Looking Statements
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," "will," "aim,"
"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 Ukraine Conflict, 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.
For more information regarding AerCap and to be added to our
email distribution list, please visit
www.aercap.com.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/aercap-announces-delivery-of-first-three-airbus-a321neo-aircraft-to-airasia-as-part-of-fifteen-aircraft-deal-302211693.html
SOURCE AerCap Holdings N.V.
