AerCap Flags a New $500 Million Share Repurchase – Buyback Wednesdays
AerCap is the global leader in aviation leasing with a fleet value of $34.7 billion. There is a notable upward trend in aircraft leasing, with approximately 48% of the global commercial aircraft under lease agreements. The company had a record third quarter in terms of leasing extension rates, which were as high as 80%!
AerCap Holdings N.V. (AER): $62.12
Market Cap: $12.93B
EV: $57.93B
Key Insights
- AerCap has an attractive portfolio of over 1,700 aircraft, approximately 1,000 engines and over 300 helicopters, and an order book of 380 of the most in-demand aircraft in the world.
- New technology aircraft comprise 69% of its aircraft fleet.
- The global air travel industry has rebounded post-pandemic, providing strong demand for AerCap’s leases.
Please subscribe for free or login to your InsideArbitrage account to access this article.
