AerCap Holdings (AER) Tops Q1 EPS by 39c

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AerCap Holdings N.V. Reports Financial Results for the First Quarter 2020

May 5, 2020 7:00 AM EDT

DUBLIN, May 5, 2020 /PRNewswire/ --

Net income of $276.8 million for the first quarter of 2020 Diluted earnings per share of $2.14 for the first quarter of 2020

Highlights

Approximately $11 billion sources of liquidity. Over $28 billion of unencumbered assets. Adjusted debt/equity ratio of 2.5 to 1. Secured debt-to-total assets ratio of 19.6%. 100% of new aircraft deliveries through December 2021 already leased. New technology aircraft comprise 59% of fleet. Approximately 98% of lease rents through 2022 already contracted. Average current lease expires in the... More