DUBLIN, Jan. 6, 2025
/PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (NYSE: AER) has
announced its major business transactions during the full year and
fourth quarter 2024:
Full Year 2024 Transactions
- Signed 496 lease agreements, completed 150 purchases and 166
sale transactions.
- Signed financing transactions for approximately $17.5 billion.
- Repurchased approximately 16.8 million shares, at an average
price of $87.80 per share, for a
total of approximately $1.5
billion.
Fourth Quarter 2024 Transactions
- Signed 92 lease agreements, including 14 widebody
aircraft, 14 narrowbody aircraft, 33 engines and 31
helicopters.
- Completed 41 purchases for 27 aircraft (including 4
Airbus A220 Family aircraft, 12 Airbus A320neo Family aircraft, 3
Airbus A330neos, 1 Boeing 737 MAX aircraft, 1 Boeing 787-9 and 6
Embraer E195-E2s for AerCap's owned aircraft portfolio), 10 engines
for AerCap's owned engine portfolio and 4 helicopters.
- Completed 55 sale transactions for 26 aircraft
(including 7 Airbus A320 Family aircraft, 3 Airbus A320neo Family
aircraft, 1 Airbus A330, 4 Boeing 737NGs, 1 Boeing 737-800BCF, 1
Boeing 777-300ER and 3 Embraer E190s from AerCap's owned aircraft
portfolio and 6 aircraft from AerCap's managed aircraft portfolio),
25 engines (including 16 engines from AerCap's owned engine
portfolio and 9 engines from AerCap's managed engine portfolio) and
4 helicopters.
- Signed financing transactions for approximately $1.8 billion.
- Repurchased approximately 3.1 million shares, at an average
price of $94.74 per share, for a
total of approximately $297
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 but not limited to 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 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; the
impact of current hostilities in the Middle East, or any escalation thereof, on the
aviation industry or our business; 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 United States Securities and Exchange Commission. 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,
and will not, 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.