STOCK TITAN

AerCap Leased, Purchased and Sold 895 Assets in the Full Year 2022 and 299 Assets in the Fourth Quarter 2022

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

AerCap Holdings N.V. (NYSE: AER) reported significant business activity for 2022, finalizing 895 asset transactions. This included 570 lease agreements, 118 purchases, and 207 sales. In Q4 2022 alone, the company signed 159 lease agreements, completed 43 purchases, and conducted 97 sales. Total financing transactions reached approximately $4.2 billion for the year and $750 million for the fourth quarter. AerCap aims to further enhance its position as a leading aviation leasing entity, servicing around 300 global customers.

Positive
  • Signed 570 lease agreements in 2022.
  • Completed 118 purchases and 207 sales in 2022.
  • Total financing transactions of approximately $4.2 billion in 2022.
Negative
  • None.

DUBLIN, Jan. 9, 2023 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has announced its major business transactions during the full year and fourth quarter 2022:

Full Year 2022 Transactions

  • Signed 570 lease agreements.

  • Completed 118 purchases.

  • Completed 207 sale transactions.

  • Signed financing transactions for approximately $4.2 billion.

Fourth Quarter 2022 Transactions

  • Signed 159 lease agreements, including 4 widebody aircraft and 76 narrowbody aircraft, 37 engines and 42 helicopters.

  • Completed 43 purchases for 30 aircraft (including 22 Airbus A320neo Family aircraft, 1 Airbus A220, 1 Airbus A330neo, 1 Boeing 737 MAX, 1 Boeing 787-9 and 3 Embraer 195 E2s for AerCap's owned aircraft portfolio and 1 aircraft for AerCap's managed aircraft portfolio), 9 engines and 4 helicopters.

  • Completed 97 sale transactions for 64 aircraft (including 9 Airbus A320 Family aircraft, 3 Airbus A320neo Family aircraft, 8 Airbus A330s, 33 Boeing 737NGs, 1 Boeing 767-300ER, 2 Boeing 777-200ERs, 1 Boeing 737-300SF, 2 Boeing 747-400Fs and 4 Embraer E170s from AerCap's owned aircraft portfolio and 1 aircraft from AerCap's managed aircraft portfolio), 20 engines and 13 helicopters.

  • Signed financing transactions for approximately $750 million.
About AerCap

AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.

Forward-Looking Statements

This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Ukraine conflict; the Covid-19 pandemic; our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.

AerCap logo (PRNewsfoto/AerCap Holdings N.V.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aercap-leased-purchased-and-sold-895-assets-in-the-full-year-2022-and-299-assets-in-the-fourth-quarter-2022-301716019.html

SOURCE AerCap Holdings N.V.

FAQ

What were AerCap's major business transactions in 2022?

AerCap signed 570 lease agreements, completed 118 purchases, and 207 sales transactions in 2022.

How many lease agreements did AerCap sign in Q4 2022?

In Q4 2022, AerCap signed 159 lease agreements.

What is the total financing amount AerCap secured in 2022?

AerCap secured approximately $4.2 billion in financing transactions in 2022.

How many assets did AerCap lease, purchase, and sell in Q4 2022?

In Q4 2022, AerCap leased, purchased, and sold a total of 299 assets.

Aercap Holdings N.V.

NYSE:AER

AER Rankings

AER Latest News

AER Stock Data

17.90B
183.28M
3.4%
90.05%
0.92%
Rental & Leasing Services
Industrials
Link
United States of America
Dublin