AerCap Holdings reports fourth quarter and full year 2007 financial results

Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million on the same basis. Total revenue for the fourth quarter 2007 was $284.6 million, an increase of 34% vs. fourth quarter 2006.

Full year 2007 net income was $188.5 million, compared with $109.0 million for the same period in 2006. Full year 2007 net income

excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compensation was $210.6 million, an increase of 23% vs. full year 2006 of $171.3 million. The full year 2007 net income includes a $24.0 million charge, net of tax, related to the refinancing of securitized bonds in the second quarter. Total revenue for the full year 2007 was $1,176.5 million, an increase

of 44% vs. full year 2006.

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