Net income for the first quarter of 2024 was $604 million, or $3.02 per share. Adjusted net income for the first quarter of 2024 was $658 million, or $3.29 per share. Raising full year 2024 adjusted earnings per share guidance to approximately $9.20. DUBLIN, May 1, 2024 /PRNewswire/ -- AerCap Holdings N.V. (NYSE: AER), the industry leader across all areas of aviation leasing, today reported strong financial results for the first quarter of 2024. "AerCap continued its strong performance during the first qu ...

DUBLIN, April 22, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced the publication of its seventh annual Environmental, Social, and Governance ("ESG") Report, for the year ended December 31, 2023. The report sets out in detail AerCap's commitment to growing its business in a responsible and sustainable way and includes a number of environmental, social, and governance disclosures. The ESG Report is produced with reference to the Global Reporting Initiative (" ...

George Soros’ hedge fund is making big bets on stocks, though not nearly as big as those he made on global currencies. His biggest investment had been Splunk, a big data analytics firm. He owned 1.6 million shares worth $240 million, representing over 4.5% of the hedge fund’s total portfolio. However, Cisco just acquired the company last month (NASDAQ:CSCO). With an average buy price of around $141 per share, Soros has made a decent profit on the $157 per share acquisition price. What follows are the next t ...

DUBLIN, April 4, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it will host a conference call and webcast for investors and analysts on Wednesday, May 1, 2024 at 8:30 a.m. Eastern Time to review its first quarter 2024 financial results. AerCap's first quarter 2024 earnings press release will be released before financial markets open in the United States on May 1, 2024. A copy of the press release will be posted on the "Investors" section of AerCap's websit ...

George Soros stocks will always remain relevant for savvy investors. As one of the most successful financiers in history, George Soros's investment strategies attract a massive audience worldwide. His Soros Fund Management, boasting a portfolio value of more than $7.6 billion and managing 209 current positions, stands as a beacon for investors looking to navigate the stock market. In the article, we dive into the latest shifts in the billionaire's portfolio, looking at his top buys and sells during the last ...

AerCap Holdings NV (NYSE:AER) Q4 2023 Earnings Conference Call February 23, 2024 8:30 AM ET Company Participants Aengus Kelly - Chief Executive Officer Peter Juhas - Chief Financial Officer Joseph McGinely - Head of Investor Relations Conference Call Participants Ross Harvey - Davy Hillary Cacanando - Deutsche Bank Jamie Baker - JP Morgan Terry Ma - Barclays Catherine O’Brien - Goldman Sachs Chris Stathoulopoulos - Susquehanna International Group Ron Epstein - Bank of America Stephen Trent - Citi Operator ...

DUBLIN, Feb. 23, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced it has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2023, with the U.S. Securities and Exchange Commission (the "SEC") in accordance with United States requirements. AerCap's Form 20-F can be accessed on the "Investors" section of its website at www.aercap.com, as well as on the SEC's website at www.sec.gov. Interested parties may also r ...

AERCAPT FOURTHQUARTER 2023FINANCAL RESULTS AERCAP HOLDINGS N.V. FORWARD LOOKING STATEMENTS ANDNON-GAAP FINANCIAL INFORMATION This presentation contains certain statements, estimates and forecasts with respect to future performance andevents. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward- .'wie.. .'l!m, .'puatu. .'ueid. 'toadxa. 'pinoys. ."'tyb. .'e., se yons Kbojouira bulyool variations thereon or ...

Record net income for the full year 2023 of $3.1 billion, or $13.78 per share, and $1.1 billion, or $5.37 per share, for the fourth quarter of 2023. Record adjusted net income for the full year 2023 of $2.4 billion, or $10.73 per share, and $641 million, or $3.11 per share, for the fourth quarter of 2023. Returned $2.6 billion to shareholders in 2023. New $500 million share repurchase authorization announced today. DUBLIN, Feb. 23, 2024 /PRNewswire/ -- AerCap Holdings N.V. (NYSE: AER), the industry lead ...

Debt and Financial Exposure - As of December 31, 2023, the principal amount of outstanding floating rate debt was $10.3 billion, representing 22% of the total indebtedness[35] - Negative changes in credit ratings could limit financing options and increase borrowing costs, impacting financial results[39] - Interest rate increases may lead to higher borrowing costs and negatively impact net income, especially if not hedged[36] Lease Revenue and Market Dependence - During 2023, 98.5% of basic lease rents from flight equipment under operating leases were from fixed lease rates, while only 1.5% were from floating rate leases[36] - Lease revenue from emerging market countries accounted for 53% in 2023, highlighting the company's reliance on these markets[46] - The financial condition of lessees is critical, as their ability to meet lease obligations is affected by factors such as fuel prices, economic conditions, and operational disruptions[72] Geopolitical and Economic Risks - The company is exposed to geopolitical risks that may disrupt operations and affect revenue, particularly due to the ongoing Ukraine Conflict[42] - High inflation rates during 2022 and 2023 have increased operational costs and may diminish the value of fixed-rate leases[38] - A deterioration in lessees' financial conditions could lead to delays or failures in rental payments, impacting the company's revenue[74] Regulatory and Compliance Challenges - Compliance with international regulations and sanctions is critical, as violations could result in severe penalties and adversely affect financial performance[49] - The company may incur significant fines of up to 4% of its annual global revenue for non-compliance with the GDPR[51] - The company faces potential substantial costs related to environmental regulations, including capital expenditures and fines for non-compliance[52] Environmental and Sustainability Factors - The aviation industry is under scrutiny regarding environmental impacts, which may reduce demand for the company's aircraft and affect financial performance[54] - Future emissions limitations and sustainability regulations could adversely affect the company's operations and financial condition[55] - The company may face increased costs and reduced demand due to the transition to lower-carbon technologies and sustainable aviation fuels[54] Aircraft and Market Dynamics - Demand for flight equipment is influenced by long-term trends in passenger air travel and air cargo demand, which are affected by economic growth, regulation, and fuel prices[64] - New aircraft types introduced by manufacturers like Boeing and Airbus may decrease the desirability and residual value of older aircraft, impacting lease rates[66] - The concentration of aircraft manufacturing among a few companies can lead to delivery delays, affecting the company's ability to meet customer obligations[71] Insurance and Risk Management - The company has experienced a significant increase in insurance costs and a reduction in coverage due to the Ukraine Conflict, affecting financial stability[57] - As of December 31, 2023, the company's captive insurance company, Aistrigh, provides approximately 25% of its hull war insurance[57] - The company has submitted insurance claims related to losses from the Ukraine Conflict, with uncertain recovery timelines[59] Taxation and Financial Implications - The introduction of the EU Minimum Tax Directive mandates a minimum effective tax rate of 15% for the group, effective in 2024[107] - Changes in tax laws or practices could lead to additional income or other taxes, adversely affecting financial results[106] - The U.S. Corporate Alternative Minimum Tax (CAMT) imposes a 15% tax on adjusted financial statement income for certain corporations, with potential implications for the company's effective tax rate[111] Operational Challenges and Cybersecurity - Financial instability or manufacturing delays from aircraft manufacturers could negatively impact cash flow and operational results, particularly if delivery delays exceed one year[89] - Recent quality control issues with Boeing aircraft, including the 737 MAX 9, have led to delivery delays that could materially affect revenues and operating cash flows[90] - The company has experienced a cybersecurity incident in January 2024, but there was no material disruption to operations, and financial loss has not been incurred[98]