AerCap Delivers First of Two New Airbus A350 XWB Aircraft to Ethiopian Airlines

DUBLIN–(BUSINESS WIRE)–AerCap Holdings N.V. (“AerCap”) (NYSE: AER) today announced the delivery
of a new Airbus A350-900 to Ethiopian Airlines, the first of two new
A350-900 aircraft deliveries on long-term lease to Ethiopian Airlines
from AerCap’s order book with Airbus. The aircraft was transferred to
Ethiopian Airlines at a ceremony in the Airbus Delivery Centre in
Toulouse, and is the first A350 XWB aircraft to be delivered to an
African carrier. A second new A350-900 aircraft is scheduled for
delivery to Ethiopian Airlines in August 2016.

AerCap has one of the largest Airbus A350 XWB portfolios with a total of
four owned and another 25 on order aircraft – one of the most in-demand
aircraft in the world.

AerCap President and Chief Commercial Officer Philip Scruggs said,
“Ethiopian Airlines is a longstanding customer and we are delighted to
support its fleet renewal program by delivering their first A350-900
aircraft. The Airbus A350-900 will offer Ethiopian Airlines greater
capacity and increased range for its growing network, as well as greater
operational efficiency. We look forward to continuing our successful
relationship with our friends and partners at Ethiopian Airlines as the

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