Amsterdam, The Netherlands; February 20, 2012 - AerCap Holdings N.V. ("AerCap," "the Company," NYSE: AER) today announced that the shareholders of Dragon Aviation Leasing, its Chinese aircraft operating lease joint venture, have agreed to increase the issued share capital of the venture by up to US$40 million. The future share issues will be made in portions aligned to individual aircraft acquisitions.
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The venture comprises Dragon Aviation Leasing Company Limited, based in Beijing, People's Republic of China and AerDragon Aviation Partners Limited, based in Shannon, Ireland.
China Aviation Supplies Holding Company (CAS), AerCap and Crédit Agricole CIB are the shareholders of the venture.
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