SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it has signed lease agreements with Thai Airways International Public Company Limited ("Thai Airways") for seven widebody aircraft comprising four Airbus A350-900 aircraft and three Boeing 787-9 aircraft, and ten Airbus A321NEO aircraft. The decision to procure these aircraft was made in 2023 as part of Thai Airways' short-term fleet development strategy. Of the four A350 aircraft, two have ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

DUBLIN, Jan. 3, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has announced its major business transactions during the full year and fourth quarter 2023: Full Year 2023 Transactions Signed 592 lease agreements, completed 173 purchases and 188 sale transactions. Received cash insurance settlement proceeds of approximately $1.3 billion. Repurchased approximately 44 million shares, at an average price of $59.09 per share, for a total of approximately $2.6 billion. Signed financing transacti ...

guvendemir At the end of 2022, I wrote an article about why investors should avoid the airlines (JETS) and own AerCap (NYSE:AER) instead for exposure to the airline industry. The relative returns in 2023 validated my view: Data by YCharts The longer-term view also validates this view: Data by YCharts As you can see above, whilst the airlines haven't quite recovered from the COVID-19 drawdown as yet, AerCap delivered strong returns in the same period. It is largely a feature of the business model. Airlin ...

AerCap Holdings N.V. (NYSE:AER) Q3 2023 Results Conference Call October 27, 2023 8:30 AM ET Company Participants Joseph McGinley - Head of Investor Relations Aengus Kelly - Chief Executive Officer Pete Juhas - Chief Financial Officer Conference Call Participants Jamie Baker - JP Morgan Stephen Trent - Citigroup Helane Becker - TD Cowen Catherine O'Brien - Goldman Sachs Hillary Cacanando - Deutsche Bank Vincent Caintic - Stephens Jordan Lyonnais - Bank of America Operator Good day, and welcome to the AerCap ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2023 Commission File Number 001-33159 Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F x 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 ...

AerCap Holdings N.V. (NYSE:AER) Q2 2023 Earnings Conference Call July 31, 2023 8:30 AM ET Company Participants Joseph McGinley - Head of Investor Relations Aengus Kelly - Chief Executive Officer Pete Juhas - Chief Financial Officer Conference Call Participants Helane Becker - TD Cowen Catherine O'Brien - Goldman Sachs Jamie Baker - JPMorgan Stephen Trent - Citi Hillary Cacanando - Deutsche Bank Christopher Stathoulopoulos - Susquehanna International Group Operator Good day, everyone, and welcome to the AerC ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July 2023 Commission File Number 001-33159 AERCAP HOLDINGS N.V. (Translation of Registrant’s Name into English) AerCap House, 65 St. Stephen’s Green, Dublin D02 YX20, Ireland, +353 1 819 2010 (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual rep ...

Financial Data and Key Metrics Changes - AerCap generated adjusted net income of $566 million and adjusted earnings per share (EPS) of $2.34 for Q1 2023, reflecting a strong recovery in air travel demand [5][6] - Operating cash flows were robust at $1.4 billion, driven by strong collections and higher asset utilization [6][19] - GAAP net income for the quarter was $432 million or $1.79 per share, impacted by purchase accounting adjustments totaling $167 million [15][16] Business Line Data and Key Metrics Changes - Basic lease rents increased to $1.537 billion, up $43 million from the previous quarter, benefiting from strong cash collections [16] - Maintenance revenues were $187 million, reflecting a $45 million reduction due to maintenance rights amortization [16] - The net gain on sale of assets was $100 million, with 35 owned assets sold for total proceeds of $639 million, resulting in an 18% gain on sale margin [17] Market Data and Key Metrics Changes - Demand for air travel is robust, with airlines reporting record performance metrics across bookings and revenues [6][7] - In the U.S., record passenger numbers were announced by the TSA as airlines reopen routes, particularly to Asia [7] - European carriers are exceeding expectations despite geopolitical uncertainties, while Asian airlines are rapidly returning to pre-pandemic capacity levels [7] Company Strategy and Development Direction - AerCap plans to leverage strong market conditions to continue executing transactions and generating shareholder value through share repurchases [12][14] - The company aims to sell aircraft at strong gains and redeploy capital into share buybacks, enhancing shareholder returns [12][13] - AerCap's strategy includes maintaining a diversified portfolio and focusing on asset quality, with approximately 70% of its portfolio in new technology aircraft [83] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in future aircraft demand, citing a supply-demand imbalance in the industry [26] - The company anticipates continued strong earnings and cash flows, supported by robust demand for its products [14][26] - Management noted that the reopening of China is a significant driver for global aviation recovery [59] Other Important Information - AerCap has a strong liquidity position with total sources of liquidity around $18 billion, resulting in a coverage ratio of 1.3 times [18] - The company executed $6.7 billion in financing, reducing its funding requirement for the remainder of the year to approximately $4 billion to $5 billion [20][86] - A new $500 million share repurchase program was announced, reflecting the company's commitment to returning capital to shareholders [21] Q&A Session Summary Question: Discussion on sales margins and asset mix - Management indicated that the strong sales margin was driven by a combination of asset types and the strategic construction of both legacy AerCap and GCAS portfolios [24][25] Question: Engine leasing business and demand for spare engines - Management noted that lease rates for engines have increased significantly, driven by a lack of supply and longer lead times for critical parts [28][29] Question: Thoughts on larger scale sales and market opportunities - Management expressed readiness to capitalize on market opportunities, indicating a strong pipeline for asset sales [32][33] Question: Aircraft placements and management strategy - Management highlighted a proactive approach to managing aircraft placements, anticipating increased demand and adjusting strategies accordingly [40][41] Question: Impact of China reopening on business - Management acknowledged that China's reopening is a major driver for global aviation and indicated a strategic reduction in exposure to China over time [59][60] Question: Insurance claims and rates - Management confirmed that insurance rates have increased, reflecting broader industry trends, and emphasized the pursuit of valid claims [64][66] Question: Helicopter leasing business performance - Management reported positive performance in the helicopter leasing business, particularly in the oil and gas sector [72]

FIRST QUARTER 2023 FINANCIAL RESULTS AERCAP HOLDINGS N.V. FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL INFORMATION ...