AerCap Signs Two Debt Facility Agreements; US$846 Million ECA A320 Delivery Funding Facility and US$86 Million A330 Pre-delivery Payment Funding Facility

AMSTERDAM - AerCap Holdings N.V. (”AerCap”, NYSE: AER) today announced that
AerVenture Limited, its consolidated joint venture, has signed a facility
agreement with Calyon S.A. and other banks and financial institutions,
outlining the terms pursuant to which the European Export Credit Agencies may
provide guarantees on up to US$846 million of financing to commercial banks
to fund deliveries of A320 family aircraft under AerVenture’s forward order
with Airbus through 2011. This completes the remaining financing requirement
for the Airbus A320 family order of aircraft. The aircraft are part of an
original 70 aircraft order placed by AerVenture Limited in January 2006. The
European Export Credit Agencies consist of Coface in France, ECGD in the
United Kingdom, and Euler-Hermes in Germany. The loans are to be provided by
a syndicate of banks led by Calyon acting as Global Arranger and are subject
to customary ECA requirements.

In addition AerCap confirmed that it signed in February 2009 a US$86
million Pre-delivery Payment Funding Facility with a European Financial
Institution for three A330 aircraft on order with Airbus.

Keith Helming, Chief Financial Officer of AerCap said: “The closing of
these two facilities represents the achievement of significant milestones in
our 2009 funding plan. Including these deals, we have completed US$4.3
billion of financing agreements over the past twelve months. These
transactions further demonstrate AerCap’s ability to continue to secure
competitively priced, long-term financing even in this very challenging
market environment. The support by the banking community and the export
credit agencies confirms that there continues to be strong backing for
AerCap’s business model.”

About AerCap

AerCap is an integrated global aviation company with a leading market
position in aircraft and engine leasing, trading and parts sales. AerCap also
provides aircraft management services and performs aircraft maintenance,
repair and overhaul services and aircraft disassemblies. AerCap is
headquartered in The Netherlands and has offices in Ireland, the United
States, Singapore, China and the United Kingdom.

About AerVenture Limited

AerVenture was established as a joint venture between AerCap and two
Kuwaiti partners, LoadAir and Al Fawares in January 2006 for the acquisition
of 70 new Airbus A320 family aircraft from Airbus. LoadAir is active in air
cargo operations as well as aviation-related investment activities. Al
Fawares is an investment company with a global portfolio of businesses
encompassing media, telecommunications, real estate and banking in addition
to aviation.

This press release may contain forward-looking statements that involve
risks and uncertainties. In most cases, you can identify forward-looking
statements by terminology such as “may”, “should”, “expects”, “plans”,
“anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue”
or the negative of such terms or similar terminology. Such forward-looking
statements are not guarantees of future performance and involve significant
assumptions, risks and uncertainties, and actual results may differ
materially from those in the forward-looking statements.

Contact for Investors: Contact for Media:
Peter Wortel Frauke Oberdieck
+31-20-655-9658 +31-20-655-9616
pwortel@aercap.com foberdieck@aercap.com

Source: AerCap Holdings N.V.

Investors, Peter Wortel, +31-20-655-9658, pwortel at aercap.com, or Media, Frauke Oberdieck, +31-20-655-9616, foberdieck at aercap.com, both of AerCap Holdings N.V.