Aercap Holdings Nv Stock Price, News & Analysis

AerCap Holdings N.V. announced the completion of a secondary public offering of 23 million ordinary shares, sold by GE Capital US Holdings at $58.50 per share. The underwriters received a 30-day option for an additional 3.45 million shares. AerCap will not benefit financially from this offering. The company also repurchased 8.79 million shares from GE for $500 million. The offering registration statement filed with the SEC became effective on March 7, 2023. AerCap emphasizes its status as a global leader in aviation leasing, serving approximately 300 customers worldwide.

AerCap Holdings N.V. (NYSE: AER) announced the pricing of a secondary offering of 23 million ordinary shares by GE Capital US Holdings at $58.50 per share, upsized from 18 million shares. GE Capital has given underwriters a 30-day option to purchase an additional 3.45 million shares. AerCap will repurchase $500 million in shares at $56.89 each from the Selling Shareholder. The registration statement for the offering became effective on March 7, 2023. Importantly, AerCap will not receive any proceeds from this sale, impacting its cash flow dynamics.

AerCap Holdings N.V. (NYSE: AER) announced a secondary offering of 18 million ordinary shares by GE Capital US Holdings, Inc., with an option for underwriters to purchase an additional 2.7 million shares. The company will not receive any proceeds from this offering. Concurrently, AerCap will repurchase $500 million of its shares at the offering price, funded by cash on hand. This repurchase is part of AerCap’s existing buyback program and is expected to occur simultaneously with the offering's closing. Goldman Sachs, Citigroup, and Morgan Stanley are acting as bookrunning managers for the offering.

AerCap Holdings N.V. (NYSE: AER) has filed its annual report on Form 20-F with the U.S. SEC for the fiscal year ending December 31, 2022. This report includes audited financial statements that provide transparency into AerCap’s performance over the past year. The annual report is accessible on AerCap's website and the SEC’s site. AerCap is a leading aviation leasing company, serving about 300 clients globally with comprehensive fleet solutions. Investors can request a paper copy of the filing directly from AerCap.

AerCap Holdings N.V. (NYSE: AER) reported a net income of $495 million, or $2.04 per share, for Q4 2022, boosted by strong air travel demand post-pandemic. The company’s adjusted net income reached $645 million or $2.66 per share. For the full year, AerCap experienced a net loss of $726 million but an adjusted net income of $2.2 billion, equating to $9.01 per share. A new $500 million share repurchase program has been authorized. Key highlights include an 18% increase in total lease revenue and a Baa2 rating upgrade from Moody's. However, asset impairment charges rose significantly to $53 million in Q4 2022, compared to $6 million in Q4 2021.

AerCap Holdings N.V. (NYSE: AER) has announced the signing of lease agreements with Fly Meta for four Boeing 777-300ERSF aircraft, set for delivery between 2024 and 2025. This aircraft is notable for being the first passenger-to-freighter conversion of the Boeing 777-300ER, offering 25% more capacity than existing twin-engine freighters. The strategic partnership aims to capitalize on expected growth in the cargo market as China lifts its COVID-19 restrictions. AerCap currently holds a firm order for 20 777-300ERSF aircraft, enhancing its position in the aviation leasing sector.

AerCap Holdings N.V. announced it will host a conference call on March 2, 2023, at 8:30 a.m. ET to discuss its fourth quarter 2022 financial results. The earnings press release will be publicly available before the US financial markets open on the same day, along with presentation slides for the call. Investors can access the call live via phone or through AerCap's website. The company is recognized as a global leader in aviation leasing with a robust customer base of approximately 300 clients worldwide. AerCap's headquarters is in Dublin, and it has offices in multiple global locations.

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.