AerCap Signs Lease Agreements with New Customer Azerbaijan Airlines for Six New Airbus A320NEO Family Aircraft

Core Summary - AerCap has signed lease agreements with Azerbaijan Airlines (AZAL) for six new Airbus CFM LEAP-powered aircraft, including three A320neos and three A321neos, with deliveries scheduled for 2026 [1] - The A320neo and A321neo are highly desirable and fuel-efficient aircraft, enabling AZAL to expand its fleet, serve more customers, and modernize its operations [2] - AZAL aims to enhance passenger comfort, expand its route network, and improve service quality through this fleet expansion, while also strengthening its credibility in the international aviation market [2] - AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide with a strong order book and a presence in key global locations [3] AerCap's Role and Industry Position - AerCap is the global leader in aviation leasing, with one of the most attractive order books in the industry [3] - The company serves approximately 300 customers worldwide, offering comprehensive fleet solutions [3] - AerCap is listed on the New York Stock Exchange (AER) and has a global presence with offices in Dublin, Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse, and other locations [3] AZAL's Fleet Expansion and Strategic Goals - AZAL has signed lease agreements for six new Airbus aircraft, including three A320neos and three A321neos, to support its fleet modernization and network expansion [1][2] - The A320neo and A321neo are among the most in-demand aircraft globally, offering advanced fuel efficiency and technological features [2] - AZAL aims to improve passenger comfort, expand its route network, and enhance service quality, aligning with its commitment to meeting evolving customer expectations [2] - The partnership with AerCap underscores AZAL's credibility in the international aviation market [2]