AerCap Holdings (AER) Reports In-Line Q4 Revenue

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

March 2, 2021 7:00 AM EST

DUBLIN, March 2, 2021 /PRNewswire/ -- AerCap Holdings N.V. (NYSE: AER), the global leader in aircraft leasing, today reported financial results for the fourth quarter of 2020.

Net income for the fourth quarter of 2020 was $28 million, or $0.22 per share. This was impacted by cash accounting and debt extinguishment costs of $117 million and $76 million, pre-tax, respectively. Cash flow from operating activities was $653 million, an increase of 21% from the third quarter of 2020.

Aengus Kelly, Chief Executive Officer of AerCap, said: "I am... More