DUBLIN, Dec. 27, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed a sale and leaseback agreement for one new Boeing 787-9 aircraft with TAAG Angola Airlines ("TAAG"), the national carrier of Angola. The aircraft is scheduled to deliver to TAAG in February 2025.
"We are pleased to welcome TAAG Angola Airlines as a new customer to AerCap and particularly pleased to be the first lessor to introduce the 787 to the airline," said Aengus Kelly, the CEO of AerCap. "As part of their fleet modernization program, the 787 will enable TAAG expand their network across Africa, Europe and Asia with one of the most fuel-efficient widebody aircraft on the market and support them in meeting customer demand. We look forward to a long and fruitful relationship with the TAAG team."
Nelson de Oliveira, CEO of TAAG, said, "This agreement with AerCap represents an important milestone for us, being an essential step towards the modernization of our fleet. The introduction of the Boeing 787-9 reinforces our commitment to efficiency and leading sustainability standards, while leveraging our ability to connect Angola with key international destinations. TAAG is committed to offering passengers a comfortable travel experience thus optimizing operational costs and providing greener environmental mobility solutions."
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 TAAG Angola Airlines
TAAG Angola Airlines is the leading airline in the country and is recognized worldwide for its strong high-yield market, having grown its current network to 12 domestic and 11 international destinations. In addition to passenger transport, TAAG offers air cargo services which have become essential for Angola's growth and development. TAAG is a company that prides itself on a strong track record of service and performance excellence. For more information about TAAG Angola Airlines, visit: www.taag.com
Forward-Looking Statements
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SOURCE AerCap Holdings N.V.
