DUBLIN, Oct. 7, 2024
/PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has
announced its major business transactions during the third quarter
2024:
- Signed 160 lease agreements, including 13 widebody
aircraft, 107 narrowbody aircraft, 24 engines and 16
helicopters.
- Completed 41 purchases for 27 aircraft (including 2
Airbus A220 Family aircraft, 18 Airbus A320neo Family aircraft, 4
Boeing 737 MAX aircraft, 1 Boeing 787-9 and 2 Embraer E195-E2s for
AerCap's owned aircraft portfolio), 13 engines and 1
helicopter.
- Completed 25 sale transactions for 18 aircraft
(including 5 Airbus A320 Family aircraft, 3 Airbus A320neo Family
aircraft, 4 Boeing 737NGs, 1 Boeing 767-300ER, 1 Boeing 777-300ER
and 4 Embraer E190s from AerCap's owned aircraft portfolio), 3
engines from AerCap's managed engine portfolio and 4
helicopters.
- Signed financing transactions for approximately $10.5 billion, including $2.4 billion of senior unsecured notes.
- Repurchased approximately 5.5 million shares, at an average
price of $91.03 per share, for a
total of approximately $497
million.
- Paid quarterly cash dividend on ordinary shares of
$0.25 per share.
About AerCap
AerCap is the global leader in aviation leasing with one of the
most attractive order books in the industry. AerCap serves
approximately 300 customers around the world with comprehensive
fleet solutions. AerCap is listed on the New York Stock Exchange
(AER) and is based in Dublin with
offices in Shannon, Miami,
Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around
the world.
Forward-Looking Statements
This press release contains certain statements, estimates and
forecasts with respect to future performance and events. These
statements, estimates and forecasts are "forward-looking
statements". In some cases, forward-looking statements can be
identified by the use of forward-looking terminology such as "may,"
"might," "should," "expect," "plan," "intend," "will," "aim,"
"estimate," "anticipate," "believe," "predict," "potential" or
"continue" or the negatives thereof or variations thereon or
similar terminology. All statements other than statements of
historical fact included in this press release are forward-looking
statements and are based on various underlying assumptions and
expectations and are subject to known and unknown risks,
uncertainties and assumptions, and may include projections of our
future financial performance based on our growth strategies and
anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about
future events. There are important factors that could cause our
actual results, level of activity, performance or achievements to
differ materially from the results, level of activity, performance
or achievements expressed or implied in the forward-looking
statements, including, among other things, the availability of
capital to us and to our customers and changes in interest rates;
the ability of our lessees and potential lessees to make lease
payments to us; our ability to successfully negotiate flight
equipment (which includes aircraft, engines and helicopters)
purchases, sales and leases, to collect outstanding amounts due and
to repossess flight equipment under defaulted leases, and to
control costs and expenses; changes in the overall demand for
commercial aviation leasing and aviation asset management services;
the continued impacts of the Ukraine Conflict, including the
resulting sanctions by the United
States, the European Union, the United Kingdom and other countries, on our
business and results of operations, financial condition and cash
flows; the rate of recovery in air travel related to the Covid-19
pandemic, the aviation industry and global economic conditions; the
potential impacts of the pandemic and responsive government actions
on our business and results of operations, financial condition and
cash flows; the effects of terrorist attacks on the aviation
industry and on our operations; the economic condition of the
global airline and cargo industry and economic and political
conditions; development of increased government regulation,
including travel restrictions, sanctions, regulation of trade and
the imposition of import and export controls, tariffs and other
trade barriers; a downgrade in any of our credit ratings;
competitive pressures within the industry; regulatory changes
affecting commercial flight equipment operators, flight equipment
maintenance, engine standards, accounting standards and taxes; and
disruptions and security breaches affecting our information systems
or the information systems of our third-party providers.
As a result, we cannot assure you that the forward-looking
statements included in this press release will prove to be accurate
or correct. These and other important factors and risks are
discussed in AerCap's annual report on Form 20-F and other filings
with the SEC. In light of these risks, uncertainties and
assumptions, the future performance or events described in the
forward-looking statements in this press release might not occur.
Accordingly, you should not rely upon forward-looking statements as
a prediction of actual results and we do not assume any
responsibility for the accuracy or completeness of any of these
forward-looking statements. Except as required by applicable law,
we do not undertake any obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. For more information regarding AerCap and to be added
to our email distribution list, please visit www.aercap.com.
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SOURCE AerCap Holdings N.V.