AerCap Completes Sale of AeroTurbine Subsidiary to ILFC

Amsterdam, The Netherlands; October 7, 2011 – AerCap Holdings N.V. (“AerCap”, NYSE: AER) announced today that it has completed the sale of its wholly-owned subsidiary AeroTurbine, Inc. to International Lease Finance Corporation (ILFC). The sale agreement with ILFC was announced on August 3, 2011.

The completion of the sale followed receipt of all necessary regulatory approvals and satisfaction of all other closing conditions.

Credit Agricole Securities (USA) Inc. and UBS Investment Bank acted as financial advisors and Milbank, Tweed, Hadley & McCloy LLP acted as legal advisor to AerCap.