AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in aircraft and engine leasing, trading and parts sales. The Company also provides aircraft management services and performs aircraft and engine MRO services and aircraft disassemblies through its certified repair stations. It operates its business on a global basis, providing aircraft, engines and parts to customers in every major geographical region. As of December 31, 2008, the Company owned 160 aircraft and 71 engines, managed 53 aircraft, had 78 new aircraft and two new engines on order, had entered into purchase contracts for four aircraft, had entered into sales contracts for seven forward order aircraft and had executed letters of intent to purchase two aircraft. As of December 31, 2008, the Company owned and managed aircraft and engines were leased to 102 commercial airline and cargo operator customers in 43 countries.