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) announced lease agreements with TUI Group for three Embraer E195-E2 aircraft, set for delivery from March to May 2023. This deal marks the first introduction of the E195-E2 to TUI's fleet, enhancing its operational efficiency and sustainability. AerCap, a key player in aviation leasing, has a strong portfolio of Embraer aircraft, with 45 E190-E2s and E195-E2s owned or on order. The E195-E2 is noted for lower fuel consumption and reduced emissions, making it a strategic choice for TUI's fleet renewal.
AerCap Holdings N.V. (NYSE: AER) has placed firm orders for 15 Airbus A321-200 Passenger to Freighter (P2F) aircraft conversions, with an option for an additional 15 conversions from Elbe Flugzeugwerke GmbH (EFW). The deliveries are scheduled between 2023 and 2025, aimed at enhancing AerCap's cargo portfolio amid strong demand from customers. Rich Greener, Head of AerCap Cargo, emphasized the fuel efficiency of the A321 freighter compared to the older B757-200 freighter, marking a strategic move for improved fleet economics.
AerCap Holdings N.V. (NYSE: AER) will host a conference call on November 3, 2022, at 8:30 a.m. ET to discuss its third quarter 2022 financial results. The earnings press release will be available before the market opens on the same day and can be found on the company's website. This call will provide insights into AerCap's performance and strategic direction. Interested parties can participate via phone or listen online. The event will also be archived for later access.
AerCap Holdings N.V. (NYSE: AER) has reported significant business activities for Q3 2022, signing 184 lease agreements for various aircraft types, completing 34 purchases of aircraft and engines, and executing 37 sale transactions involving owned and managed aircraft. Financing transactions were signed for approximately $1.4 billion. These activities highlight AerCap's robust leasing portfolio and operational capacity within the aviation sector.
AerCap Holdings N.V. (NYSE: AER) announced a lease extension agreement with SAS AB for six Airbus A320 aircraft. This move supports SAS's transformation strategy, 'SAS FORWARD', as it navigates a voluntary Chapter 11 process aiming for financial stability. CEO Aengus Kelly expressed confidence in SAS's objectives, emphasizing AerCap's long-standing partnership with the airline. With a strong order book and extensive customer base, AerCap continues to lead in aviation leasing, providing comprehensive fleet solutions globally.
Boeing (NYSE: BA) and AerCap (NYSE: AER) celebrate the delivery of the 100th 737-800 Boeing Converted Freighter (BCF) to AerCap. The aircraft was converted at Boeing Shanghai Aviation Services and leased to GOL Linhas Aéreas for e-commerce operations. AerCap Cargo, the launch customer for the 737-800BCF since 2016, currently has 65 firm orders and 9 options. The 737-800BCF boasts up to 20% lower fuel use and CO2 emissions, contributing significantly to the air cargo sector with over 70,000 flights logged.
AerCap Holdings N.V. (NYSE: AER) announced long-term lease agreements with Air Europa for five Boeing 787-9 and ten Boeing 737-8 MAX aircraft, scheduled for delivery from 2024 to 2026. This deal marks Air Europa as the first Spanish operator of the 737 MAX. AerCap's Chief Commercial Officer expressed confidence in Air Europa's management and their fleet modernization program, while Air Europa's Managing Director highlighted their commitment to efficiency and sustainability. The transaction reinforces AerCap's position as a leader in aviation leasing.
AerCap Holdings N.V. (NYSE: AER) has filed its interim financial report for Q2 2022, ending June 30, 2022, with the SEC. This report includes unaudited condensed consolidated financial statements and notes. AerCap is recognized as a global leader in aviation leasing, serving around 300 clients worldwide. The company notes potential risks including the Ukraine Conflict and the COVID-19 pandemic, which may impact future performance. To view the detailed financial statements, visit AerCap's website or the SEC's site.
AerCap Holdings N.V. (AER) reported Q2 2022 net income of $340 million ($1.40 per share), and adjusted net income of $464 million ($1.91 per share), representing strong growth due to increased air travel recovery. Total lease revenue surged to $1.564 billion, a 56% increase year-over-year. The company executed 184 transactions and had a cash flow from operating activities of approximately $1.2 billion. AerCap's adjusted debt/equity ratio stood at 2.8 to 1, with ample liquidity of $17 billion.
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