AerCap Holdings N.V. (“AerCap”) (NYSE:AER) has announced today the delivery of a new Boeing 787-9 Dreamliner on long-term lease to EL AL. This is the first of four new 787-9 aircraft to deliver to EL AL from AerCap’s order book with Boeing. The remaining three aircraft will deliver through 2019.

AerCap is the world’s largest lessor of the Boeing 787 Dreamliner, with 117 aircraft owned, managed and on order.

Aengus Kelly, CEO of AerCap, said, “The delivery of our first 787 to EL AL heralds the next chapter in the long history of successful cooperation between our two companies. We are very pleased to support EL AL’s ongoing fleet modernization program and we thank them for the confidence they have placed in AerCap. We wish Gonen Usishkin and all the team at EL AL continued success.”

Gonen Usishkin, CEO of EL AL, said, "We are pleased to take delivery of the first of four new Boeing 787-9 from AerCap. The arrival of EL AL's 8th Dreamliner, combined with the phase out of the last 767 at the end of this month, is another step towards modernizing and greater efficiency of our fleet. The anticipated arrival of the new 787 aircraft continues the great relations and cooperation between EL AL and AerCap, and marks a revolution in the customer’s flight experience. We set a high standard of service and product excellence in order to retain our standing as the first and preferred choice airline for travelers to and from Israel."