AerCap takes delivery of 100th Airbus in Hamburg
Hamburg/Kiel, September 15, 2010 - Airbus will today deliver the 100th aircraft to international aircraft leasing group of companies AerCap.
The Airbus A320 is on a long-term lease to US-carrier Spirit Airlines and will depart for its ferry flight to the United States later today. HSH Nordbank provided pre-delivery finance for the aircraft.
The 100 Airbus aircraft are comprised of the A319, A320, A321 and A330 types with a total value of almost ten billion US dollars according to the catalogue price. They were assembled in Hamburg and Toulouse.
The Airbus delivered today forms part of a finance package deal for A319/320/321 aircraft. HSH Nordbank provided pre-delivery finance for the aircraft with a total volume of 270 million US dollars. The aircraft will be delivered by mid-2012.
HSH Nordbank and AerCap have been business partners for many years. “We place strong emphasis on close and long-standing business relationships enabling us to support our clients in all market phases. We are proud to have been a partner for AerCap in their successful development and we look forward to continuing our support as a finance partner for them in future,” said Angela-Behrend-Görnemann, Global Head of Transportation Finance at HSH Nordbank.
AerCap Holdings N.V. with its head office in the Netherlands is listed on the New York Stock Exchange and enjoys a leading market position in the leasing, trading in and sale of aircraft; its portfolio comprises a total of 327 aircraft and 87 jet engines (as of 30 June 2010). Some of the A319/320/321 aircraft in the AerCap fleet as well as the Airbus delivered today belong to AerCap subsidiary AerVenture. AerVenture is a 50/50 joint venture between AerCap Holdings N.V. and Abu Dhabi-based investment company Waha Capital PJSC.
HSH Nordbank is one of the world’s leading providers of aircraft finance. In the context of the Bank’s strategic realignment, transportation finance along with shipping and energy will remain one of its international core business areas.
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