DUBLIN, Dec. 13, 2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed lease agreements for two Airbus A321 Passenger-to-Freighter ("P2F") aircraft with Spanish cargo operator, Swiftair.
The aircraft will undergo conversion by Elbe Flugzeugwerke GmbH ("EFW") at ST Engineering Aerospace in Singapore and will be delivered to Swiftair in April and June 2024, respectively. Swiftair will operate services across Europe and Africa on behalf of its international logistics customers.
"We are pleased to announce our agreement to lease two Airbus A321P2F aircraft to our long-term customer, Swiftair," said Rich Greener, the Head of AerCap Cargo. "The A321P2F is a best-in-class narrowbody freighter solution, offering superior economics in terms of fuel-efficiency and flexibility, and will allow Swiftair to continue to grow their route network. We look forward to working with the Swiftair team as these aircraft deliver."
"In line with our commitment towards more efficient and sustainable growth, we are delighted to be taking delivery of two of the most quiet and economical freighter aircraft in the world today," said Salvador Moreno, the CEO of Swiftair. "These aircraft mark a milestone in our fleet renewal program, allowing our customers to meet their carbon reduction targets and access to the most effective and reliable products in their class, available in the market today."
In 2022, AerCap announced it had placed a firm order for 15 Airbus A321-200P2F aircraft conversions and an option for a further 15 conversions with EFW.
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 Swiftair
Swiftair is a Madrid-based, leading provider of both cargo and passenger ACMI and charter services across EMEA. Its customers include the Integrated Express providers, National Mail Organizations, and humanitarian NGOs.
Founded in 1986, Swiftair is a part of the LUSAT Group which also includes Cygnus Air, Swiftair Hellas, Uep! Fly, West Atlantic UK and West Atlantic Sweden.
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, the Covid-19 pandemic, 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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SOURCE AerCap Holdings N.V.
