Aeroflot to lease six new Airbus planes

Holdings N.V. has announced that AerVenture
Limited, a joint venture company owned by AerCap, LoadAir and Al Fawares,
has signed agreements to lease six new Airbus A320-200 aircraft to Aeroflot for a period of ten years.The aircraft
are powered by CFM engines and are scheduled to be delivered between July
2008 and March 2009.
  Aeroflot will operate the A320 aircraft on its European and domestic
  The six new A320s will be leased by AerVenture to Aeroflot under an
operating lease agreement and form part of the order for 70 A320 family
aircraft that the joint venture company placed in December 2005.
  Sergei Koltovich, Head of Aeroflot’s Fleet Planning and Aircraft
Procurement Department, said: “Aeroflot Group is extremely pleased to see
AerCap becoming a new key aircraft supplier to the Russian national
carrier. This new partnership should develop into a truly long term
relationship between Russia’s largest airline and one of the world’s
fastest growing aircraft leasing companies.”
  Soeren Ferre, AerCap’s Head of Aircraft Marketing for Europe, Middle
East, Africa and Asia Pacific, commented on the transaction: “We are
delighted to welcome Aeroflot as a new customer as they continue their
rapid expansion and fleet renewal. The transaction with Aeroflot reflects
our strategy of maintaining a geographically diverse customer base with a
particular focus on the most promising growth markets.”