AerCap Holdings N.V. ("AerCap," "the Company") (NYSE: AER) today announced the completion of the following transactions during the second quarter 2010:

• Signed new lease agreements for five aircraft,
• Delivered 18 aircraft and 11 engines under lease agreements,
• Purchased 19 aircraft and two engines, signed contracts for the purchase of another nine aircraft for delivery later this year,
• Sold five aircraft and five engines, signed contracts for the sale of another four aircraft, and
• Disassembled nine aircraft and eight engines.

AerCap's CEO Klaus Heinemann commented: "The second quarter of 2010 was characterized by a material discrepancy between the highly volatile and mostly negative financial markets on the one hand and the solid financial and operational progress made by most of our airline clients on the other hand. AerCap took advantage of this market situation by signing purchase contracts for another nine new aircraft. For some of these aircraft purchases, AerCap worked with existing and newly established joint venture partners in order to maintain our conservative liquidity position while significantly growing our lease portfolio."

Lease Activities: Contracts Signed for Five Aircraft and Eleven Engines – Eighteen Aircraft Delivered

New Lease Agreements

AerCap signed five new lease agreements for aircraft in the second quarter 2010:

• Three new Airbus A320s for Wizz Air (Hungary),
• One Airbus A300 for MNG Airlines (Turkey), and
• One Boeing B737 for Air Company Yakutia (Russia).

The average term of lease agreements for new aircraft signed during the first half of 2010 was 138 months. The average term of lease agreements for used aircraft signed during the first half of 2010 was 65 months (including letters of intent).

AerCap entered into 11 engine lease agreements in the second quarter and delivered the engines to the lessees in the same period. Seven of the leased engines were CFM-56 engines, three were CF6 engines and one was a Pratt & Whitney engine.

Deliveries

AerCap completed 18 aircraft deliveries in the second quarter under contracted lease agreements:

• Two new Airbus A319s for Adria Airways (Slovenia),
• Two new Airbus A320s for Spirit Airlines (USA),
• Two new Airbus A320s for Frontier (USA),
• One new Airbus A320 for Air Arabia (United Arab Emirates),
• One new Airbus A320 for Air France (France),
• One new Airbus A320 for Kuwait National Airways (Kuwait),
• One new Airbus A320 for Wizz Air (Hungary),
• Two new Airbus A321s for Vietnam Airlines (Vietnam),
• One new Airbus A330 for Aeroflot-Russian Airlines (Russia),
• Two new Boeing B737s for VRG/GOL (Brazil),
• One Airbus A320 for Strategic Airlines (Australia),
• One Boeing B737 for Air North (USA), and
• One Boeing B737 Air Company Yakutia (Russia).

Purchase Activities: Purchases Closed for Nineteen Aircraft – Contracts Signed for Another Nine Aircraft Purchases

During the second quarter, AerCap acquired two new Airbus A319s, seven new Airbus A320s, two new Airbus A321s and three new Airbus A330s under existing commitments with Airbus. In addition, AerCap acquired two new Boeing B737s, one new Airbus A320 and two used Airbus A319s.

In addition to the completed purchase transactions, AerCap executed one agreement for the purchase of two Airbus A320s and a second agreement for the purchase of seven Airbus A320s.

Three of the Airbus A320 aircraft mentioned above (one aircraft delivered, two still to be delivered) were purchased by a joint venture between AerCap and Deucalion Aviation Funds, which are advised by DVB Bank.

AerCap also expanded its engine pool with the acquisition of two CFM-56 engines and signed a letter of intent for the acquisition of seven JT8D engines.

Sales Activities: Five Aircraft Sold

During the second quarter, AerCap closed sales transactions for two new Airbus A320s,  two new Airbus A330s, and one Boeing B767 from its owned portfolio.

In addition to the completed sale transactions, AerCap executed an agreement for the sale of four Airbus A320s from its owned portfolio.

AerCap also sold five CFM-56 engines from its owned engine pool.

Disassembly: Nine Aircraft and Eight Engines Disassembled

In the second quarter, AerCap's subsidiary AeroTurbine disassembled two aircraft from its own inventory, and seven aircraft and eight engines for third parties.

Debt Facilities: $380 Million of New Debt Facilities and a $151 Million Refinancing Through a Note Issuance Were Closed in the Second Quarter of 2010

AerCap signed agreements for $380 million of new debt facilities in the second quarter and a total of $730 million in the year to date. In addition, a $151 million refinancing through the issuance of notes guaranteed by the United Kingdom's Export Credit Agency was completed during the second quarter.

Portfolio Summary

As of June 30, 2010, AerCap's portfolio consisted of 329 aircraft and 90 engines that were either owned, on order, under contract or letter of intent, or managed. This includes aircraft that AerCap added through the acquisition of Genesis Lease in March 2010. These aircraft are still managed by GECAS and the respective transactions are included in the activity report.

The information in this press release also includes transactions completed by AeroTurbine, AerCap's subsidiary which focuses on engine leasing and trading, airframe and engine disassembly, part sales and MRO services.

About AerCap

AerCap is the world's leading independent aircraft leasing company. AerCap also provides engine leasing, aircraft management services, aircraft maintenance, repair and overhaul services and aircraft disassemblies. AerCap is headquartered in The Netherlands and has offices in Ireland, the United States, China, Singapore and the United Kingdom.

This press release may contain forward-looking statements that involve risks and uncertainties. In most cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of such terms or similar terminology.  Such forward-looking statements are not guarantees of future performance and involve significant assumptions, risks and uncertainties, and actual results may differ materially from those in the forward-looking statements.

SOURCE AerCap Holdings N.V.

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Boeing (NYSE: BA) and LAN CARGO, a leading Latin American cargo airline, today announced that the airline will join Boeing's Component Services Program (CSP). The program will provide LAN CARGO timely, worldwide access to spare parts for the carrier's 777 Freighter fleet.

LAN CARGO becomes the 12th airline in the 777 Component Services Program, which is offered jointly by Boeing and Air France Industries/KLM Engineering & Maintenance.

CSP allows airlines to outsource the cost and logistical issues associated with keeping important parts on hand, while significantly reducing inventory. The inventory required to support an airplane type can cost millions of dollars.

"The 777 Freighter provides a competitive edge for LAN CARGO's operation and the 777 Component Services Program will further extend that advantage," said Dale Wilkinson, vice president of Material Services for Commercial Aviation Services, Boeing Commercial Airplanes. "Additionally, LAN will stabilize its long-term 777F maintenance budget planning."

The program provides 24-hour access to a dedicated inventory pool of selected high-value, dispatch-critical components, such as avionics, actuators and precision mechanical assemblies. LAN CARGO will have ready access to components so the airline can remove a faulty unit and replace it with a serviceable one quickly and easily, helping to maintain departure schedules.

LAN CARGO received its first 777 Freighter in April 2009 and currently operates two of the airplanes.

Commercial Aviation Services supports more than 12,100 Boeing commercial jetliners (passenger and freighter airplanes) with numerous lifecycle solutions that deliver the fundamentals of aviation support -- training, spare parts, diagnostic tools, maintenance documents and information, technical advice and modification programs.

Air France Industries and KLM Engineering & Maintenance, which joined forces following the Air France KLM merger, are world-leading multi-product MRO (maintenance, repair and overhaul) providers with a joint workforce of over 14,000, offering comprehensive technical support for airlines, ranging from engineering and line maintenance to engine overhaul and the management, repair and supply of aircraft components, structured around a powerful logistics network. Together they support more than 1,230 aircraft operated by 150 major international airlines.

Contact:

Bob Saling

Services and Cargo Communications

+1 206-766-2914

bob.saling@boeing.com

Nancy Standifer

Material Services Communications

+1 206-766-2161

nancy.j.standifer@boeing.com

More information: http://www.boeing.com/commercial/repair/exchange.html

SOURCE Boeing

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Fraport AG looks back on an eventful first half 2010 at its Frankfurt Airport (FRA) home base. FRA's traffic development was slowed by several winter storms, strikes, as well as the ash cloud from Iceland at the beginning of the second quarter. However, Frankfurt Airport still recorded a 1.4 percent rise in passenger figures year-on-year - welcoming about 24.5 million passengers in the first six months of 2010. Exceeding more than one million metric tons, airfreight tonnage at Germany's busiest air transportation hub increased by 32.2 percent in the first half.

Following strong performance in May 2010, FRA also registered positive traffic development in the reporting month. Indeed, three new June monthly traffic records were achieved. Frankfurt Airport welcomed more passengers, handled more airfreight, and registered more MTOWs (maximum takeoff weights) then in any previous June in FRA's history. Frankfurt Airport served some 4,851,896 passengers (up seven percent) and handled 192,508 metric tons of airfreight (up 29.9 percent) in June 2010. MTOWs hit 2,449,797 metric tons (up 4.8 percent), while the number of aircraft movements climbed by 2.7 percent to 41,159 takeoffs and landings.

Commenting on the latest traffic figures, Fraport executive board chairman Dr. Stefan Schulte said: "These numbers convincingly show that the finance and economic crisis has been overcome and that the aviation industry - despite several small traffic blips - is back on track to reaching and even exceeding the results of the pre-crisis years."

"This positive development, the future viability of Germany as an aviation hub and the positive impact of air transportation on Germany's economy should not, under any circumstances, be threatened by the introduction of an ecological aviation tax," said Schulte in response to the German government's proposal. "Balancing the German federal budget is important and appropriate. But if the aviation industry has to contribute to this task - which we think is wrong because air transportation is self-financing and receives no subsidies - then the proposed ecological tax should be considerably reduced and should not cover air cargo and transfer passenger traffic. Otherwise, air transportation with its excellent global network - which is absolutely crucial for Germany's export-driven commerce and industry - will be continuously weakened," stressed Schulte.

Serving some 9.2 million passengers in June 2010, the Fraport Group's five majority-owned airports - Frankfurt (FRA), Antalya (AYT) in Turkey, Burgas (BOJ) and Varna (VAR) in Bulgaria, and Lima (LIM) in Peru - achieved 11.8 percent growth year-on-year. Cargo throughput (airfreight and airmail) advanced by 27.5 percent to 217,000 metric tons. Aircraft movements climbed by 8.3 percent to almost 75,000 takeoffs and landings.

During the first six months of 2010 these Fraport Group airports registered more than 7 percent growth in passenger traffic and a 30 percent surge in cargo tonnage. Group-wide, aircraft movements increased by 4.2 percent in the first half year-on-year - also driven by the growth in passenger figures at AYT (up 24.7 percent) and LIM (up 12.4 percent).

    ANR 28/2010 - July 12, 2010
    Frankfurt Airport's Traffic Figures - June 2010

                             June    Change (2) Jan. - June    Change (2)
                             2010    June 10/        2010   Jan. - June
                                     June 09                      10/09
    Passengers (1)        4,851,896      7.0 %   24,495,060        1.4 %
    Airfreight (1)
    in metric tons          192,508     29.9 %    1,087,530       32.2 %
    Airmail
    in metric tons            6,004     -6.7 %       36,881        -5.8 %
    Aircraft Movements (3)   41,159      2.7 %      223,757        -1.8 %
    MTOWs
    in metric tons        2,449,797      4.8 %   13,370,617         0.9 %
    Punctuality
    share of punctual
    arrivals
    and departures in
    percent                    75.9                  69.5


    ANR 28/2010 > July 12, 2010
    Fraport Group - Traffic Figures for June 2010

        Airports      Passengers[4]     Change   Cargo in metric
                         absolute         in %    tons abs. (+
                                                       airmail)
    Frankfurt (FRA)      4,851,203            7.0         195,955
    Antalya (AYT)(5)     3,020,270           21.2            n.a.
    Burgas (BOJ)           334,358            2.7             359
    Lima (LIM)(6)          819,707           18.8          20,868
    Varna (VAR)            199,184           -3.3               9
    Fraport Group        9,224,722           11.8         217,192

    (cont.)

        Airports         Change      Aircraft         Change
                           in %      Movements          in %
                                     absolute
    Frankfurt (FRA)       28.8         41,159             2.7
    Antalya (AYT)(5)       n.a.        19,126            20.2
    Burgas (BOJ)         -60.7          2,749             1.6
    Lima (LIM)(6)         20.8          9,865            16.4
    Varna (VAR)          -39.0          1,841            -1.4
    Fraport Group         27.5         74,740             8.3

Print-quality photos of Frankfurt Airport and Fraport AG are available free for downloading via the Internet at http://www.fraport.com (Menu: select Press Center > then Photo Service). For TV news and information broadcasting purposes only, we also offer free footage material for downloading via http://fraport.cms-gomex.com.

    1 Total traffic (arrivals + departures + transit)
    2 Change over previous year
    3 Excluding military flights
    4 Passengers (commercial traffic: arrivals + departures + transit)
    5 Adjusted for 2009 base-year value.
    6 Figures provided by LIM

    For Further Information, Please Contact:
    Fraport AG Frankfurt Airport Services Worldwide
    Robert A. Payne, B.A.A. - Senior Mgr. International Press & PR
    International Spokesman, Press Office (Dept. UKM-PS),
    Corporate Communications, 60547 Frankfurt am Main, Germany
    Tel.: +49-69-690-78547; Fax: +49-69-690-60548;
    E-mail: r.payne@fraport.de; Internet: http://www.fraport.com

SOURCE Fraport AG

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"Customer Satisfaction based on Timely, Accurate and Cost Effective services has always been our mission," exclaims Fred Ferber, President of Ferber Warehousing. Just ask one of the 650+ clients that has faithfully utilized Ferber's Warehousing facilities.  Jason Twymon, IAC - Project Manager was in a quandary on how he was going to get his goods from the Rochester Hills facility to one of their plants in Monterrey, Mexico. Twymon states, "We knew who the right people were to get things done. Your initiative in calling Federal Express to ensure the shipment got out on time is greatly appreciated. Your staff definitely went above and beyond." The end-result is another happy and satisfied client.

To stay competitive, "Ferber Warehousing has been extremely innovative in implementing the very latest in technology to streamline our operations," said Dianne Heath, vice-president of business development. Ferber Industries has developed a total business distribution software solution called Conveyorware.com©, and it is available for use by all of their clients. This is an exceptional opportunity to utilize this Software as a Service (SaaS).  Conveyorware© is a proven, reliable and error-free system offering seamless connectivity from their system to any web-enabled device (PC, smart-phone, PDA). Clients can check inventory, order status, and enjoy stock reorder point notifications. This software will send clients and their customers e-mail notification of tracking numbers for each parcel shipment. All of these features; like bar coding, labeling, inventory control, material handling, and Real Time Order Management is successfully handled with this sophisticated, Conveyor© software. Conveyor© Software as a Service (SaaS) offers Ferber clients personnel time savers, manages their inventory which is like managing money and also provides convenient shipping information. This is why Ferber Warehousing is different in the innovative ways they support their clients.  

Weight Watchers praised Ferber Warehousing, "We are very happy working with Ferber Midwest.  Their state-of-the-art computerized system ensures that our promotional items are delivered quickly and error-free. They are always available to speak with, which helps when last minute changes need to be made.  They have done an excellent job with our distribution." Being flexible is how and why they survive and continue to thrive.

"We can support a small startup company, as well as established clients like Cabella's, Apple Computer, Honda, and GM," Mr. Ferber reflected.  "In today's economy, our customers are telling us they want solutions that are more scalable and flexible and that is what is bringing new opportunities to Ferber Warehousing," Ferber testifies.  Based on a company's specific requirements, warehouse contracts can be month to month.  You pay for only the space and services you need.  Ferber Warehousing offers bulk container processing and palletizing; inspecting, testing, processing returns, and consolidating shipments. Ferber Warehousing provides the distribution and fulfillment staff for everything from sorting, light assembly, kitting, repacking, and sequencing.  This helps Ferber's clients stay competitive; as they're able to meet their deadlines and get the product to its destination with zero errors.

Mr. Ferber purchased the historic National Twist Drill building and founded the company in 1985. Today it is a full service Warehouse, Cross-Docking, Storage, Fulfillment and Distribution provider. This home-grown, Michigan based company headquartered in Rochester Hills on 33 acres, provides 500,000 square feet of storage.  A second building, operating out of Madison Heights, is a 94,000 square foot facility with 25,000 square feet of office space and 69,000 square feet of warehouse space. Ferber Warehousing serves a variety of industries, including automotive, electronic, manufacturing, commercial, e-commerce, retail and beverage (alcoholic and non-alcoholic).  As Ann Allard of J & J importers of Wines of Distinction recommends, "I wanted to take a minute to send you an overdue thank you. Ferber Warehousing has been an outstanding partner for us! We rely on you for quick response and accurate fulfillment of our orders.  You never fail to deliver. I prepare requests often and then make several changes, giving you very little time to process these orders.  Ferber Midwest always responds with 'No problem' and 'We'll have it ready for you.' It is a pleasure working with all of you!  On the rare occasion that there is a problem (usually due to some miscommunication on our end) you always resolve it immediately. We are so pleased with the service that Ferber delivers that we have recommended you to our distributor. Please extend our thanks to Dianne, Mr. Ferber and all the other team members who 'touch' our account behind the scenes. You have a great team, one that we are proud to have working with us!"  

Call Ferber Warehousing today to learn more about their services, rate quotes and Conveyorware© Software at 888.248.2144.  Visit our website for special offers at www.ferberwarehousing.com.

SOURCE Ferber Warehousing

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Air T, Inc. (Air T) (Nasdaq: AIRT) announced that it will release its results for the first quarter ended June 30, 2010 on August 4, 2010.

Air T, through its subsidiaries, provides overnight air freight service to the express delivery industry, manufactures and sells aircraft deicers and other special purpose industrial equipment, and provides ground support equipment and facilities maintenance to airlines.  Air T is one of the largest, small-aircraft air cargo operators in the United States.  Air T's Mountain Air Cargo and CSA Air subsidiaries currently operate a fleet of single and twin-engine turbo-prop aircraft daily in the eastern half of the United States, Puerto Rico and the Caribbean Islands.  Air T's Global Ground Support subsidiary manufactures deicing and other specialized military and industrial equipment and is one of the largest providers of deicers in the world.  The Global Aviation Services subsidiary provides ground support equipment and facilities maintenance to domestic airline customers.

SOURCE Air T, Inc.

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