DUBLIN , April 24, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced the publication of its eighth annual Corporate Responsibility Report, for the year ended December 31, 2024.

The report sets out in detail AerCap's commitment to growing its business in a responsible and sustainable way and includes a number of environmental, social and governance disclosures. The Corporate Responsibility Report is produced with reference to the Global Reporting Initiative ("GRI") Standards. The report is available here, or can be found on the Corporate Responsibility Reporting section of our website.

Key highlights of the report include:

• We have maintained our "AA" ESG rating from MSCI, with strong governance a key rating positive for the Company. In addition, Sustainalytics improved its rating for AerCap from "Medium Risk" to "Low Risk" level in May 2024.
• We have met our previous target (set in 2021) of having approximately 75% new technology aircraft. Our Board-level ESG Committee has set an ambitious new target of achieving approximately 85% new technology across all assets by 2030, comprising aircraft, engines and helicopters – an industry first.
• AerCap is a launch partner of the Airbus SAF Book & Claim initiative (as announced in March 2025).
• We have continued our corporate fleet modernization strategy to ensure we own the most in-demand, fuel-efficient aircraft, with approximately $55 billion invested in new technology aircraft since 2014.
• We have enhanced our Scope 3 Emissions disclosure with the inclusion of leased engine and helicopter emissions – another industry first.
• Our indirect Scope 3 emissions intensity improved in 2024, and we achieved approximately 17% reduction in gCO₂ per Available Seat Kilometer (ASK) across our entire fleet over the last decade, despite the doubling of our fleet size during this time. 
• Together with our employees, AerCap donated over $900,000 to charitable and social causes and partnerships in 2024.
• In 2024, we mitigated 100% of our unavoidable Scope 1, 2, and 3 (business travel) emissions, successfully achieving the goal we set in 2021 to reach by 2024.

Stacey Cartwright, ESG Committee Chair, said, "As we mark a pivotal year in AerCap's journey, we are pleased to launch our Corporate Responsibility Report for 2024. We continue to be at the forefront of helping our customers in their efforts to decarbonize, and the Board is pleased with our continued progress. Our ESG Board-level committee has set an ambitious new target to achieve approximately 85% new technology assets by 2030, including aircraft, engines and helicopters – an industry first. We have taken further steps to improve emissions disclosures by advancing reporting standards for leased engines and helicopters; and we are a launch partner for Airbus's new Book & Claim initiative. As the aviation industry continues to evolve, AerCap remains committed to sustainability and responsible growth, creating long-term value for our customers, partners and all of our stakeholders."

Aengus Kelly, CEO of AerCap, said, "This year, AerCap marks 50 years of powering global air transport. We are proud to be the partner of choice to hundreds of the world's most successful airlines as the industry continues its sustainability journey. Over the last decade, AerCap has played a leading role in enabling this transition by investing approximately $55 billion in new technology aircraft - more than any airline or lessor, thereby lowering our airline customers' operating costs and carbon emissions. In 2024, we completed purchases of 150 assets, including 92 fuel-efficient aircraft, and sold 166 assets, including 98 aircraft with an average age of 15.3 years. This was a key driver in improving our Scope 3 emissions intensity by approximately 2% across our fleet last year. AerCap remains committed to collaborating with industry partners and policymakers to explore, advocate, and support meaningful progress toward net-zero. Our decisions must take account of investor expectations and customer needs, while ensuring the most efficient deployment of capital."

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, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai and other locations.

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; 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 SEC. 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 update any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE AerCap Holdings N.V.