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AerCap Delivers First of Ten New Airbus A321neo Aircraft to Thai Airways

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AerCap (NYSE: AER) delivered the first of ten new Airbus A321neo aircraft to Thai Airways on Dec. 23, 2025. The remaining nine A321neo aircraft are scheduled for delivery through 2028. The ten aircraft will operate under lease agreements with AerCap as part of THAI's fleet modernization and sustainability efforts, with the A321neo cited for improved fuel efficiency and lower carbon emissions.

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News Market Reaction – AER

-0.32%
1 alert
-0.32% News Effect

On the day this news was published, AER declined 0.32%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total A321neo aircraft: 10 aircraft Remaining aircraft: 9 aircraft Delivery timeline: Through 2028
3 metrics
Total A321neo aircraft 10 aircraft Number of Airbus A321neo aircraft leased to Thai Airways
Remaining aircraft 9 aircraft Additional A321neo aircraft scheduled for delivery to Thai Airways
Delivery timeline Through 2028 Schedule for remaining A321neo deliveries to Thai Airways

Market Reality Check

Price: $139.34 Vol: Volume 911,528 is below a...
low vol
$139.34 Last Close
Volume Volume 911,528 is below average, at 0.58x the 20-day average of 1,561,033 shares. low
Technical Price at $145.68 matches the 52-week high, up 70.25% from the 52-week low.

Historical Context

5 past events · Latest: Dec 09 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 09 Lease agreements Positive +0.8% New A321neo lease deals with My Freighter, AerCap’s first Uzbekistan customer.
Dec 01 Freighter delivery Positive -1.6% First 777-300ERSF delivery to Fly Meta with further deliveries scheduled into 2026.
Nov 18 Lease agreements Positive -0.7% Five-aircraft Boeing 737 MAX/NG lease deal with new customer FlySafair.
Oct 29 Interim report filing Neutral +8.8% Filing of Q3 2025 interim financial report and related disclosures.
Oct 29 Earnings and guidance Positive +8.8% Record Q3 2025 results, higher adjusted EPS guidance, and capital return actions.
Pattern Detected

Operational leasing and delivery announcements have produced mixed reactions, while Q3 2025 financial disclosures and guidance coincided with stronger positive moves around +8.79%.

Recent Company History

Over the last few months, AerCap reported record Q3 2025 results with higher guidance and significant shareholder returns on Oct 29, alongside the filing of its interim report, both coinciding with a +8.79% move. Subsequent news focused on lease agreements for Boeing and Airbus aircraft and the first 777-300ERSF freighter deliveries, with price reactions ranging from modest gains to small declines. Today’s Thai Airways A321neo delivery continues the theme of fleet growth and modernization leases.

Market Pulse Summary

This announcement highlights AerCap’s delivery of the first of 10 Airbus A321neo aircraft to Thai Ai...
Analysis

This announcement highlights AerCap’s delivery of the first of 10 Airbus A321neo aircraft to Thai Airways, with the remaining 9 scheduled through 2028. It reinforces a strategy centered on fleet modernization and long-term leasing relationships. In context with recent record Q3 2025 results and active capital return, investors may watch future lease signings, delivery execution, and additional regulatory filings for signals about growth and balance sheet deployment.

AI-generated analysis. Not financial advice.

DUBLIN, Dec. 23, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has delivered the first of ten new Airbus A321neo aircraft to Thai Airways International Public Company Limited ("THAI"). The remaining nine aircraft are scheduled to deliver through 2028.

"AerCap is proud to introduce the A321neo to our long-standing, valued partner, THAI Airways, reinforcing our commitment to their fleet modernization strategy," said Aengus Kelly, Chief Executive Officer of AerCap. "Our relationship with THAI began in the mid-1990s with the lease of Airbus A330-300s and Boeing 737-400s. Since then, we have supported their evolution through periods of transformation, and today we celebrate a revitalized, financially robust airline. We thank THAI for their trust and partnership and wish them continued success."

Chai Eamsiri, THAI Chief Executive Officer stated, "The arrival of THAI's first Airbus A321neo marks a significant milestone in our efforts to modernize and enhance the efficiency of our fleet. The first ten aircraft entering into service will be operated under lease agreements with AerCap. This partnership supports THAI's fleet modernization and helps strengthen our fleet and global competitiveness. Equipped with advanced, energy-efficient, and environmentally responsible technologies, the A321neo delivers meaningful reductions in fuel consumption and carbon emissions. These improvements underscore THAI's unwavering commitment to sustainability and responsible operations, while delivering greater value and reliability to our passengers."

About AerCap

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Memphis, Miami, Singapore, London, Dubai, Shanghai, Amsterdam and other locations around the world.

About Thai Airways

Established in 1960, THAI operates from Suvarnabhumi Airport with a network spanning 64 destinations in 30 countries worldwide, connecting Thailand with key regions across Asia, Europe, Australia, and domestic routes. At THAI, every journey is guided by more than just destinations—it is guided by responsibility. Rooted in THAI's values of care and respect, THAI is committed to protecting the world it connects.

Forward-Looking Statements

This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements, including but not limited to the availability of capital to us and to our customers and changes in interest rates; the ability of our lessees and potential lessees to make lease payments to us; our ability to successfully negotiate flight equipment (which includes aircraft, engines and helicopters) purchases, sales and leases, to collect outstanding amounts due and to repossess flight equipment under defaulted leases, and to control costs and expenses; changes in the overall demand for commercial aviation leasing and aviation asset management services; the continued impacts of the Ukraine Conflict, including the resulting sanctions by the United States, the European Union, the United Kingdom and other countries, on our business and results of operations, financial condition and cash flows; the effects of terrorist attacks on the aviation industry and on our operations; the economic condition of the global airline and cargo industry and economic and political conditions; the impact of hostilities in the Middle East, or any escalation thereof, on the aviation industry or our business; trade tensions, including U.S. tariffs and retaliatory measures by China and other countries, and the resulting geopolitical uncertainty; development of increased government regulation, including travel restrictions, sanctions, regulation of trade and the imposition of import and export controls, tariffs and other trade barriers; a downgrade in any of our credit ratings; competitive pressures within the industry; regulatory changes affecting commercial flight equipment operators, flight equipment maintenance, engine standards, accounting standards and taxes; and disruptions and security breaches affecting our information systems or the information systems of our third-party providers.

As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. These and other important factors and risks are discussed in AerCap's annual report on Form 20-F and other filings with the United States Securities and Exchange Commission. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com.

AerCap Holdings N.V. (PRNewsfoto/AerCap Holdings N.V.)

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aercap-delivers-first-of-ten-new-airbus-a321neo-aircraft-to-thai-airways-302648907.html

SOURCE AerCap Holdings N.V.

FAQ

What did AerCap announce about the A321neo delivery to Thai Airways (AER) on Dec. 23, 2025?

AerCap announced delivery of the first of ten Airbus A321neo aircraft to Thai Airways, with the remaining nine scheduled to deliver through 2028.

How many Airbus A321neo aircraft will AerCap deliver to Thai Airways under the lease agreement (AER/THAI)?

AerCap will deliver a total of ten Airbus A321neo aircraft to Thai Airways, with nine more deliveries planned through 2028.

Will the ten A321neo aircraft from AerCap be owned or leased by Thai Airways (AER)?

The first ten A321neo aircraft will be operated by Thai Airways under lease agreements with AerCap.

What operational benefits did Thai Airways cite for the new A321neo delivered by AerCap (AER)?

Thai Airways said the A321neo provides advanced, energy-efficient technologies that reduce fuel consumption and carbon emissions and support fleet modernization.

When will the remaining AerCap A321neo deliveries to Thai Airways (AER) be completed?

The remaining nine A321neo aircraft are scheduled to be delivered through 2028.
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