Stock Data
$3.49 (2.25%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
RENTAL & LEASING SERVICES
Aercap Holdings N.V., based in Dublin, Ireland, is a global leader in aircraft leasing and aviation finance. With operations across major regions including the US, China, and Europe, Aercap provides a wide range of services such as leasing, financing, and selling commercial aircraft. The company also offers comprehensive asset management services, including aircraft and engine remarketing, maintenance oversight, and lease management. Additionally, Aercap extends cash management and administrative services to its clients, alongside supplying aircraft parts and maintenance solutions to airlines and repair service providers. Founded in 1995, Aercap has grown to possess a significant portfolio of owned, managed, or on-order aircraft.
AerCap smashed earnings with a 10.8% EPS beat as aircraft shortages fueled a 291% surge in asset sale gains and pushed maintenance rents up 54%. The Dublin-based lessor raised full-year adjusted EPS guidance to $16.80 on the strength of selling 38 planes at a 20% unlevered margin, reflecting voracious demand for flight equipment amid constrained supply.
AerCap reports Q2 earnings at 7 AM ET as aviation's largest lessor faces investor scrutiny on whether aircraft supply constraints are still fueling record-high lease rates.
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