AerCap Delivers First Of Three New Airbus A321neo Aircraft To Azerbaijan Airlines

AerCap Holdings N.V. (“AerCap” or the “Company”) (NYSE: AER) today announced that it has delivered the first of three new Airbus A321neo aircraft to Azerbaijan Airlines (“AZAL”). The aircraft was handed over at a special ceremony at the Airbus Delivery Centre in Hamburg, marking the introduction of the A321neo into AZAL’s fleet.

This delivery is part of a broader program agreed in 2024, which includes three A321neo and three A320neo aircraft. The first two A320neos were delivered earlier this year, with the remaining aircraft scheduled for delivery through November 2026.

“AerCap is very pleased to be the first lessor to introduce the A321neo to AZAL, helping the airline to expand and modernize its fleet,” said Peter Anderson, Chief Commercial Officer, AerCap. “The addition of these new, fuel-efficient aircraft will enhance AZAL’s operational capabilities, support its network expansion, and deliver an improved passenger experience. We value our partnership with AZAL and look forward to continuing to support the airline in the years ahead.”

“The arrival of our first Airbus A321neo represents another significant step in AZAL’s long-term fleet modernization strategy. As we continue investing in next-generation aircraft, we are strengthening our operational capabilities, improving fuel efficiency, and creating new opportunities for sustainable network growth,” said Jamil Manizade, Chief Commercial Officer, Azerbaijan Airlines. “We are grateful to AerCap for being a trusted partner on this journey. The delivery of the A321neo, following the recent induction of our A320neo aircraft, supports our ambition to build a modern, efficient, and passenger-focused fleet that will meet the evolving needs of Azerbaijan’s aviation sector and our growing customer base.”