AerCap Signs Lease Agreements with New Customer My Freighter for Two New Airbus A321NEO Aircraft

Rhea-AI Summary

AerCap (NYSE:AER) signed lease agreements for two new Airbus A321neo aircraft with My Freighter, an Uzbekistan-based cargo airline that also operates passenger services as Centrum Air.

The aircraft are scheduled for delivery in Q4 2027. AerCap said this marks its first customer in Uzbekistan and expects the A321neo's fuel efficiency and extended range to support My Freighter/Centrum Air's network expansion, including planned routes to Europe.

Key Figures

Lease aircraft count 2 Airbus A321neo New lease agreements with My Freighter

Delivery timing Q4 2027 Scheduled delivery of two Airbus A321neo aircraft

Q3 2025 net income $1,216 million Reported net income for Q3 2025

Q3 2025 adjusted net income $865 million Adjusted net income for Q3 2025

Adjusted EPS guidance 2025 ~$13.70 Full-year 2025 adjusted EPS guidance (excluding further gains on sale)

Asset sales Q3 2025 $1.5 billion Q3 2025 asset sales volume

Gain on sale Q3 2025 $332 million Record gain from Q3 2025 asset sales

Share repurchases 2025 YTD $1 billion Capital returned to shareholders via repurchases

Market Reality Check

$138.61 Last Close

Volume Volume 1,535,637 is slightly above the 20-day average of 1,475,978 ahead of this lease announcement. normal

Technical Shares at $138.61 are trading above the $115.02 200-day moving average and sit 1.5% below the 52-week high of $140.73.

Peers on Argus

Peers show mixed, mostly modest moves: FTAI and AL are slightly positive, while UHAL, URI, and GATX are down. No clear sector-wide move mirrors AER’s slight -0.99% decline.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01	Cargo delivery	Positive	-1.6%	First Boeing 777-300ERSF freighter delivered to Fly Meta with future deliveries scheduled.
Nov 18	Lease agreements	Positive	-0.7%	Lease deals for five Boeing 737 aircraft with new customer FlySafair announced.
Oct 29	Interim report filing	Neutral	+8.8%	Filing of Q3 2025 interim financial report and statements with the SEC.
Oct 29	Earnings results	Positive	+8.8%	Record Q3 2025 results, higher EPS guidance, asset sale gains, and shareholder returns.
Oct 15	Service agreement	Positive	-1.4%	Seven-year agreement to manage GE9X lease pools and related engine services.

Pattern Detected

Operational and leasing announcements often saw modest negative price reactions, while strong earnings and capital return news coincided with a pronounced positive move.

Recent Company History

Over the last few months, AerCap combined strong financial results with steady operational expansion. Q3 2025 delivered record net income of $1,216 million and adjusted net income of $865 million, supporting raised adjusted EPS guidance of ~$13.70 and a $0.27 dividend, with shares reacting about +8.8%. In parallel, AerCap expanded cargo and leasing activities, including Boeing 777-300ERSF deliveries and multiple Boeing 737 MAX/NG leases, plus a seven-year GE9X engine services agreement. Those operational wins were typically followed by small share price declines, contrasting with the stronger reaction to earnings and capital return news.

Market Pulse Summary

This announcement adds two Airbus A321neo aircraft to AerCap’s lease portfolio, with delivery slated for Q4 2027, and introduces a first customer relationship in Uzbekistan via My Freighter and Centrum Air. It follows a period of record Q3 2025 earnings, raised adjusted EPS guidance of ~$13.70, and substantial asset sales and buybacks. Investors may watch how additional lease signings, capital allocation decisions, and future financial reports build on this growth trajectory.

AI-generated analysis. Not financial advice.

DUBLIN, Dec. 9, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed lease agreements for two new Airbus A321neo aircraft with My Freighter, an Uzbekistan-based cargo airline that also operates charter and scheduled passenger services as Centrum Air. The aircraft are scheduled to deliver in Q4 2027.

"We are very pleased to welcome My Freighter as AerCap's first customer in Uzbekistan, and to support both the local aviation industry and Tashkent as an emerging hub connecting East and West," said Peter Anderson, the Chief Commercial Officer of AerCap. "With its market-leading fuel efficiency and extended range, the A321neo will help drive the expansion of My Freighter and its passenger airline, Centrum Air, as they enter new markets. We wish the My Freighter team continued success with their growth plans and look forward to a long and successful partnership."

"We are pleased to take this next step in our growth together with AerCap. The addition of the Airbus A321neos to our fleet will strengthen our operational capabilities and support our expanding international network, including the upcoming launch of routes to Europe. The A321neo's enhanced efficiency, and extended range will enable us to offer greater comfort and more travel opportunities for our passengers while further developing Uzbekistan's connectivity with key markets around the world," commented Abdulaziz Abdurakhmanov, Chairman and CEO of Centrum Holding.

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 My Freighter

My Freighter is a Tashkent-based cargo airline and leading integrator in Central Asia, operating scheduled and chartered cargo flights across Europe, Asia, and the Middle East. Established in 2020, the airline specializes in transporting perishable goods, hazardous materials, and more, with a growing fleet of Boeing aircraft. As the first Uzbek carrier certified under CCAR-129, My Freighter connects global trade routes through strategic hubs. Backed by Centrum Holding, the airline continues to expand its operations and partnerships, supporting regional and international logistics with reliable, flexible, and customer-focused air freight solutions.

About Centrum Air

Centrum Air, established in January 2023 and based in Tashkent, Uzbekistan, is the country's largest private airline. Operating under the Air Operator Certificate of My Freighter, it offers passenger services using a modern all-Airbus fleet. With routes spanning destinations across Central Asia, the Middle East, Europe, and China, Centrum Air connects markets through scheduled and charter flights. Its growth strategy includes expanding its network and fleet, which currently comprises ten narrow-body aircraft and three wide-body A330s. Ambitious and customer-focused, Centrum Air delivers efficiency, flexibility, and high service standards in regional aviation.

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.

 

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SOURCE AerCap Holdings N.V.

FAQ

What did AerCap (AER) announce on December 9, 2025 about aircraft leases?

AerCap announced lease agreements for two Airbus A321neo aircraft with My Freighter, scheduled for delivery in Q4 2027.

Who is My Freighter and how is it connected to Centrum Air in the AerCap (AER) deal?

My Freighter is an Uzbekistan-based cargo airline that also operates charter and scheduled passenger services under the name Centrum Air.

When will the two A321neo aircraft leased from AerCap (AER) be delivered to My Freighter?

The two A321neo aircraft are scheduled to deliver in Q4 2027.

How does AerCap (AER) say the A321neo will affect My Freighter/Centrum Air operations?

AerCap said the A321neo's market-leading fuel efficiency and extended range will support fleet expansion, operational capabilities, and planned international routes to Europe.

Is this AerCap (AER)'s first customer in Uzbekistan?

Yes; AerCap described My Freighter as its first customer in Uzbekistan.