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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the Securities
Exchange Act of 1934

Date of Report: March 23, 2010

Genesis Lease Limited

(Exact Name of registrant as specified in its charter)

4450 Atlantic Avenue
Westpark, Shannon
Co. Clare, Ireland
(Address of principal executive offices)

Indicate by check mark whether registrant files or will file annual reports under cover Form 20-F or Form 40-F:

Form 20-F þ Form 40-F o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

Indicate by check mark whether registrant by furnishing the information contained in this Form is also thereby furnishing the information to the commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

Yes o No þ

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .

On March 23, 2010, Genesis Lease Limited (“Genesis”), announced that Genesis shareholders adopted the Agreement and Plan of Amalgamation, dated September 17, 2009, as amended February 1, 2010 and February 17, 2010, among Genesis, AerCap Holdings N.V. (“AerCap”) and AerCap International Bermuda Limited, a wholly-owned subsidiary of AerCap (“AerCap International”), pursuant to which Genesis will amalgamate with AerCap International, with the resulting amalgamated company continuing as a wholly-owned subsidiary of AerCap. The transaction remains subject to satisfaction or waiver of certain other closing conditions. A copy of the press release announcing shareholder approval of the Amalgamation Agreement is attached hereto as Exhibit 99.1 and incorporated by reference herein.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	Genesis Lease Limited
	(Registrant)
Date: March 23, 2010	By:	/s/ John McMahon
		John McMahon
		Chairman, President and Chief Executive Officer

EXHIBIT INDEX


Exhibit		Title
99.1		Press release, dated March 23, 2010, issued by Genesis Lease Limited.

Exhibit 99.1


CONTACTS:
Genesis Lease Limited		KCSA Strategic Communications
Alan Jenkins, Chief Financial Officer		Jeffrey Goldberger / Marybeth Csaby
+353 61 233 300		+1-212-896-1249 / 1236
alan.jenkins@genesislease.com		jgoldberger@kcsa.com / mcsaby@kcsa.com

Genesis Lease Shareholders Approve Merger with AerCap Holdings

All Share Transaction to Create World’s Leading Independent
Aircraft Leasing Company by Fleet Size and Value

Shannon, Ireland, March 23, 2010, — Genesis Lease Limited (NYSE: GLS) (“Genesis”) today announced that it has received shareholder approval for its proposed merger with AerCap Holdings N.V. (NYSE: AER) (“AerCap”). More than 70% of the Genesis common shares issued and outstanding as of the record date were voted and, of the votes cast, more than 97% were voted in favor of the merger.

Genesis anticipates that the transaction will close on Thursday, March 25, 2010. Genesis shareholders will receive one AerCap ordinary share for every Genesis common share they own.

Following the closing of the transaction, the combined company will retain the name AerCap.

About Genesis Lease Limited

Genesis is a global commercial aircraft leasing company that is headquartered in Shannon, Ireland. Genesis acquires and leases modern, operationally efficient passenger and cargo jet aircraft to a diverse group of airlines throughout the world. Genesis leverages the worldwide platform of GE Commercial Aviation Services Limited, or GECAS, to service its portfolio of leases.

Caution Concerning Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will,” or words of similar meaning and include, but are not limited to, statements regarding the outlook for the company’s future business and financial performance. Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global economic, business, political, competitive, market, regulatory and other factors and risks. Genesis expressly disclaims any obligation to update or revise any of these forward-looking statements, whether because of future events, new information, a change in its views or expectations, or otherwise.