AerCap Holdings N.V. announced the completion of the following transactions during the fourth quarter 2010: AerCap signed new lease agreements for 13 aircraft, delivered eight aircraft and 18 engines under lease agreements, purchased four aircraft and nine engines,
sold five aircraft and three engines and disassembled four aircraft and four engines.
AerCap signed 13 new lease agreements for aircraft in the fourth quarter 2010:
Three Airbus A319s for Frontier Airlines (USA),
Two Airbus A320s for Brussels Airlines (Belgium),
One Airbus A320 for Donbassaero (Ukraine),
One Airbus A320 for LAN Airlines (Chile),
One Airbus A319 for LAN Airlines (Chile),
One Airbus A320 for P.T. Metro Batavia (Indonesia),
One Boeing B757-200 for Delta Airlines (USA),
One Boeing 737-400 for Vision Airlines (USA),
One Boeing B737-800 for Orenair (Russia), and
One Boeing B737-400 for Nok Air (Thailand).
The average term of lease agreements for new aircraft signed during 2010 was 138 months. The average term of lease agreements for used aircraft was 62 months (including letters of intent). AerCap entered into 18 engine lease agreements in the fourth quarter and delivered the engines to the lessees in the same period. Thirteen of the leased engines were CFM-56 engines, two were PW-4000 engines, two were V2500-A2 engines and one was a CF6 engine.
AerCap completed eight aircraft deliveries in the fourth quarter under contracted lease agreements:
One new Airbus A330 for Hainan Airlines (China),
Three Airbus A319s for Frontier Airlines (USA),
One Boeing B757-200 for Delta Airlines (USA),
One Airbus A320 for Hello Airlines (Switzerland),
One Boeing 737-400 for Vision Airlines (USA) and
One Airbus A320 for LAN Airlines (Chile).