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CAER AERCAP ● ● Aviation Solutions ● For Investors : Joseph McGinley Head of Investor Relations jmcginley@aercap.com ; +353 1 418 0428 > Excluding expenses related to the GECAS transaction , net income for the second quarter of 2021 was $ 310 million , or $ 2.39 per share . ● Highlights : Press Release For Media : Gillian Culhane Vice President Corporate Communications gculhane@aercap.com ; +353 1 636 0945 AerCap Holdings N.V. Reports Financial Results for the Second Quarter 2021 DUBLIN - July 29 , 2021 - AerCap Holdings N.V. ( NYSE : AER ) , the global leader in aircraft leasing , today reported financial results for the second quarter of 2021 ended June 30 , 2021 . Net income for the second quarter of 2021 was $ 250 million , or $ 1.92 per share , as compared to net income of $ 246 million , or $ 1.92 per share , for the same period of 2020 . Aengus Kelly , Chief Executive Officer of AerCap , said , " AerCap generated strong results for the second quarter of 2021. The airline industry is witnessing an unprecedented and rapid recovery in air travel in the world's major markets . For AerCap , this resulted in increased demand for our aircraft and a significant increase in our cash flows . With solid earnings , a strong balance sheet , and an improving leasing environment , we are excited about AerCap's future . " We continue to work hard and make good progress on the regulatory approvals and integration workstreams for the GECAS transaction , " said Mr. Kelly . " As the recovery gathers pace , we are even more enthusiastic about the transaction today than we were when we announced it . " The airline industry is witnessing a massive and rapid recovery in air travel in many of the world's major markets . Signed lease agreements for 51 aircraft , including 13 widebody aircraft , in the second quarter of 2021. In addition , signed an agreement for the long - term lease of seven A350 aircraft . Received regulatory approvals for the GECAS transaction from the U.S. , the E.U. and a number of other jurisdictions . We continue to expect to close the transaction in the fourth quarter of 2021 . Significant improvements in cash collections , trade receivables and deferral requests . Adjusted debt / equity ratio of 2.4 to 1 , which is a record for the company , and well below the company's target of 2.7 to 1 . 100 % of new aircraft order book placed through 2022 , and only 5 % of the company's fleet scheduled to come off lease through the end of 2022 . New technology aircraft comprise 65 % of AerCap's fleet , one of the highest percentages in the industry , and our average remaining contracted lease term is 7.2 years . AerCap Holdings N.V. 65 St. Stephen's Green , Dublin D02 YX20 , Ireland www.aercap.com