The Latest Breaking News from AerCap

World’s largest aircraft lessors and insurance firms battle over compensation for jets stranded after Ukraine invasion

There is a rebound in flying, as world demand in February finally surpassed pre-pandemic levels. At the same time, a lack of new aircraft is being produced - thanks, Boeing. Here's one way for investors to profit as fewer and older aircraft take to the skies this summer travel season.

Boeing jet orders are ramping up at the U.K. Farnborough Airshow. Boeing stock rose to the highest since early May.

AerCap Holdings N.V. (NYSE:AER), in the first quarter of 2022, signed 102 lease agreements, including 14 widebody aircraft, 62 narrowbody aircraft, 2 regional jets, 8 engines, and 16 helicopters. AER completed 25 purchases for 23 aircraft and 2 engines. The aircraft purchased included 15 Airbus A320neo Family aircraft, 1 Airbus A220 aircraft,…

AerCap Holdings N.V. (NYSE:AER) has signed lease agreements for ten new Airbus A320neo aircraft and two new Airbus A330neo aircraft with ITA Airways. Deal terms not disclosed. The aircraft are scheduled to deliver beginning in 2023 through 2024. “These aircraft will enable ITA Airways to expand its network, whilst advancing its commitment to…

Russia and Ukraine both say they are making efforts to help civilians evacuate westwards out of the besieged port city of Mariupol in eastern Ukraine

AerCap Holdings N.V. (NYSE:AER) submitted a $3.5 billion insurance claim for more than 100 jets stuck in Russia following its invasion of Ukraine and intends to pursue all claims under these policies concerning the assets leased to Russian airlines as of February 24, 2022. Dublin-based aircraft lessor AerCap had an exposure of 5% of…

AerCap Holdings N.V. (NYSE:AER) reported fourth-quarter total revenues and other income growth of 40% year-over-year to $1.44 billion, beating the consensus of $1.27 billion. Basic lease rents totaled $1.28 billion (+45% Y/Y) due to the impact of the GECAS acquisition. Adjusted EPS was $1.04, missing the consensus of $1.95. AER's net cash…

Energy giant BP, global bank HSBC and the world's biggest aircraft leasing firm AerCap joined a growing list of companies looking to exit Russia on Monday, as Western sanctions tightened the screws on Moscow over its invasion of Ukraine. The West has moved to punish Russia with a raft of…