AerCap Holdings (AER) Tops Q1 EPS by 2c

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AerCap Holdings N.V. Reports Financial Results for the First Quarter 2016

May 12, 2016 6:52 AM EDT

DUBLIN--(BUSINESS WIRE)-- AerCap (NYSE: AER):

Adjusted net income of $301.6 million for the first quarter of 2016(Reported net income of $223.1 million) Adjusted basic earnings per share of $1.54 for the first quarter of 2016(Reported basic earnings per share of $1.14)

Highlights

131 aircraft transactions executed in the first quarter of 2016, including 36 widebody transactions. 99.3% fleet utilization rate for the first quarter of 2016. 6.1 years of average remaining lease... More