Welcome to our dedicated page for Aercap Holdings N.V. news (Ticker: AER), a resource for investors and traders seeking the latest updates and insights on Aercap Holdings N.V. stock.
AerCap Holdings N.V. (NYSE: AER) is a leading global aviation leasing company offering comprehensive fleet solutions to approximately 300 airline customers worldwide. With its headquarters in Dublin and offices across major cities such as Amsterdam, Los Angeles, Singapore, and Shanghai, AerCap provides unparalleled services in leasing, financing, sales, and management of commercial aircraft and engines.
The company's extensive portfolio includes one of the world’s largest fleets of modern, fuel-efficient aircraft. AerCap's robust long-term capital structure supports its strong profitability and cash flow. The firm is renowned for its high-quality assets, including a significant order book for new, technologically advanced aircraft that meet the industry's stringent emission standards.
Recent achievements highlight AerCap's proactive approach to market demands and sustainability. In 2024, the company signed 82 lease agreements, completed 21 aircraft purchases, and sold 49 assets. Additionally, AerCap has committed to buying 150 new CFM LEAP engines, emphasizing its focus on fuel efficiency and environmental responsibility.
AerCap's financial health is solid, demonstrated by its 2024 first-quarter net income of $604 million and strong adjusted earnings per share. The company also announced a new $500 million share repurchase program and initiated a quarterly dividend, reflecting its confidence in future cash flows and commitment to shareholder value.
Furthermore, AerCap is dedicated to ESG principles, as evidenced by its seventh annual ESG Report. The report details the company's advancements in fleet modernization, emissions reduction, and social governance initiatives, underscoring its role in promoting sustainable aviation.
Overall, AerCap continues to lead the aviation leasing industry, leveraging its strategic partnerships, innovative solutions, and strong financial foundation to meet the evolving needs of the global aviation market.
AerCap Holdings N.V. (NYSE: AER) has filed its interim financial report for Q1 2021 with the U.S. SEC. The report includes unaudited condensed consolidated financial statements. AerCap is a leader in aircraft leasing, serving around 200 customers across 80 countries. This filing reflects the company's commitment to transparency and compliance, crucial in the current economic climate. Investors are advised to review the report available on AerCap's website or the SEC's site for detailed financial insights and trends.
AerCap Holdings N.V. (NYSE: AER) reported Q1 2021 net income of $228 million, or $1.76 per share, impacted by $100 million in cash accounting and $25 million in transaction-related expenses. This marks a decline from $277 million or $2.14 per share in Q1 2020. The company signed 60 lease agreements, the highest in 18 months, reflecting increased airline confidence. AerCap's liquidity reached $8.6 billion, with an adjusted debt/equity ratio of 2.5 to 1.
AerCap Holdings N.V. (NYSE: AER) will hold a conference call on April 28, 2021, at 8:30 a.m. Eastern Time to discuss its first quarter 2021 financial results. The earnings press release will be available before market open on the same date. Investors can access the call by dialing the respective numbers or through their website. This event underscores AerCap's position as a leader in aircraft leasing, serving around 200 customers globally. The company emphasizes forward-looking statements regarding its future performance and inherent risks.
AerCap Holdings N.V. (NYSE: AER) reported significant transactions in Q1 2021, including lease agreements for 60 aircraft (28 widebody and 32 narrowbody). The company purchased 1 Embraer E2 and executed sales for 9 aircraft from its portfolio, comprising various models like Airbus and Boeing. AerCap issued $1 billion in 5-year senior unsecured notes at a 1.75% coupon and agreed to acquire GE Capital Aviation Services (GECAS) for $28.4 billion through multiple credit agreements.
AerCap Holdings N.V. (NYSE: AER) announced on March 29, 2021, the signing of lease agreements with Norse Atlantic Airways for nine Boeing 787 aircraft, including six 787-9s and three 787-8s. These used aircraft are scheduled for delivery in 2021 and are powered by Rolls Royce Trent 1000 engines. Norse Atlantic Airways aims to launch long-haul low-cost services connecting major cities between Europe and the USA. AerCap's Chief Commercial Officer expressed excitement about supporting Norse Atlantic's new airline operations.
AerCap Holdings N.V. (NYSE: AER) has announced its definitive agreement to acquire 100% of GE Capital Aviation Services (GECAS) from General Electric (NYSE: GE). The transaction is valued at $24 billion in cash, plus $1 billion in AerCap notes, and will issue 111.5 million shares to GE, resulting in GE holding approximately 46% of the combined company. This acquisition will create a leading aviation leasing platform, enhancing cash flows and profitability. The transaction is expected to close in Q4 2021, pending regulatory and shareholder approvals.
AerCap Holdings N.V. (NYSE: AER) announced on March 2, 2021, that it has filed its annual report on Form 20-F with the U.S. SEC, detailing its audited financial statements for the fiscal year ending December 31, 2020. The report is accessible on AerCap's website, as well as the SEC's site. The company, a leader in aircraft leasing, serves around 200 customers globally with comprehensive fleet solutions. The filing reflects compliance with U.S. regulations, ensuring transparency for investors and stakeholders.
AerCap Holdings N.V. (NYSE: AER) reported a net income of $28 million ($0.22 per share) for Q4 2020, affected by cash accounting and debt extinguishment costs totaling $193 million. Operating cash flow rose 21% to $653 million. The company ended the quarter with over $9 billion in liquidity, achieving a debt/equity ratio of 2.6 to 1. Lease revenue declined 17% YoY to $995 million, while total revenues fell 18% to $1,032 million. The average age of AerCap's fleet is 6.4 years, with a utilization rate of 97%. They have placed 98% of new aircraft deliveries for 2021 and 2022.
AerCap Holdings N.V. (AER) announced the retirement of Philip Scruggs as Chief Commercial Officer in March 2021 after a 26-year career. Scruggs led the commercial business, managing a fleet generating an average of $4 billion annually and overseeing $27 billion in new equipment purchases. Peter Anderson will succeed him, bringing two decades of global experience in aircraft leasing. CEO Aengus Kelly praised both leaders and expressed confidence in the company's future.
AerCap Holdings N.V. (NYSE: AER) will host a conference call on March 2, 2021, at 8:30 a.m. ET to discuss its fourth quarter and full year 2020 financial results. The earnings press release will be available before U.S. markets open that day, and the conference call can be accessed via phone or through AerCap's website. The company, a leader in aircraft leasing serving about 200 customers globally, is headquartered in Dublin.
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