AerCap’s Board of Directors has authorized a new $250 million share repurchase program, which will run through December 31, 2016. This program is in addition to the $250 million share repurchase program announced on May 31, 2016, which runs through September 30, 2016, as well as the $400 million share repurchase program announced on February 23, 2016 that was completed earlier this year. Repurchases under the program may be made through open market purchases or privately negotiated transactions in accordance with applicable U.S. federal securities laws. The timing of repurchases and the exact number of shares of common stock to

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