AerCap Holdings (AER) Tops Q1 EPS by 15c

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AerCap Holdings N.V. Reports Financial Results for the First Quarter 2018 and Announces New Share Repurchase Program

May 3, 2018 7:00 AM EDT

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

Net income of $265.4 million for the first quarter of 2018 Diluted earnings per share of $1.72 for the first quarter of 2018

Highlights

114 aircraft transactions executed in the first quarter of 2018, including 28 widebody transactions. Approximately 95% of new aircraft deliveries through 2019 and approximately 80% through 2020 leased. 6.9 years average remaining lease term. 98.3% fleet utilization rate for the first quarter of 2018. Closed on... More