AerCap Holdings (AER) Tops Q1 EPS by 2c, Approves $300M Buyback

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AerCap Holdings N.V. Reports Financial Results for the First Quarter 2017 and Authorizes New Share Repurchase Program of $300 Million

May 9, 2017 6:30 AM EDT

DUBLIN--(BUSINESS WIRE)-- AerCap Holdings N.V. (NYSE: AER):

Net income of $261.2 million for the first quarter of 2017 Diluted earnings per share of $1.48 for the first quarter of 2017

Highlights

105 aircraft transactions executed in the first quarter of 2017, including 22 widebody transactions. 99.7% fleet utilization rate for the first quarter of 2017. 7.3 years average age of owned fleet and 6.5 years average remaining lease term. Signed financing transactions for $7.2 billion.... More