DUBLIN--(BUSINESS WIRE)-- AerCap Holdings N.V. (“AerCap”) (NYSE:AER) announced today that it has exercised options to purchase 50 A320neo Family aircraft from Airbus, with deliveries starting from 2022.

This transaction brings AerCap's firm orders for the A320neo Family aircraft to a total of 270, owned and on order.

Commenting on the transaction, Aengus Kelly, CEO of AerCap, said, "As the largest lessor of the A320neo Family aircraft, we have already placed three quarters of our A320neo Family aircraft from our existing forward order book with Airbus. We have seen significant market appetite for these aircraft from our diverse customer base. This transaction is in line with our portfolio strategy of investing in the most in-demand modern technology aircraft in the world.”

“AerCap is one of the most highly regarded lessors and an additional 50 A320neo Family aircraft to an existing portfolio of 220 is a fabulous endorsement of the world’s favorite single aisle aircraft,” said John Leahy, Chief Operating Officer, Customers, Airbus Commercial Aircraft.