West Atlantic to Lease First Converted Airbus A320 Freighter Aircraft From AerCap

AMSTERDAM, Oct. 19 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap," "the Company"), (NYSE: AER) today announced that it has placed the first converted Airbus A320s freighters from its fleet on lease with European cargo operator West Atlantic. These aircraft are part of a passenger to freighter ("P2F") conversion project for up to thirty A320 aircraft that AerCap agreed with Airbus Freighter Conversions ("AFC") in 2008.

Under the lease agreement between AerCap and West Atlantic, which is subject to finalization of terms and conditions, West Atlantic will become launch operator for the A320 P2Fs by taking an initial three aircraft on lease from AerCap with deliveries between......

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