Overview

Macquarie AirFinance Closes Acquisition of Two Embraer 190 AR Aircraft From Jetscape

28 June 2010

DUBLIN — Macquarie AirFinance, a global aircraft leasing company based in Dublin, Ireland, announced that it has purchased two Embraer 190 AR aircraft from Jetscape, Inc. The aircraft were originally delivered in 2009 and are powered by General Electric 34-10E7 engines. Both aircraft are subject to long-term leases to Azul Linhas Aéreas Brasileiras, S.A.

John Willingham, Chief Executive Officer of Macquarie AirFinance, commented: "We are delighted to acquire these two aircraft and to welcome Azul as a customer. Since its launch in 2008, Azul has demonstrated the strength of its business model and we are pleased to have this opportunity to participate in the airline’s growth. This is our first investment in the Embraer 190 family, an aircraft type that has developed a strong and diverse global customer base."

Added John Evans, Chief Executive Officer of Jetscape: "We are pleased to have completed this transaction with Macquarie AirFinance, demonstrating our shared belief in Azul and in the growing market for Embraer’s E-Jet family among financiers, aircraft lessors and airline operators."

About Macquarie AirFinance
Macquarie AirFinance is a global aircraft leasing company providing aircraft and capital to the world’s commercial airlines, and advisory and management services to aircraft owners. Established in 2006 and headquartered in Dublin, Ireland, the company currently owns or manages 120 jet aircraft leased to 57 operators in 29 countries, across 6 continents. Macquarie Bank recently announced a purchase of 53 aircraft from ILFC, of which Macquarie AirFinance will purchase 6 and act as servicer for 47.

The serial numbers of the aircraft referenced in this release are 19000241 and 19000242.

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