DUBLIN, April 4, 2025 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it will host a conference call and webcast for investors and analysts on Wednesday, April 30, 2025 at 8:30 a.m. Eastern Time to review its first quarter 2025 financial results. AerCap's first quarter 2025 earnings press release will be released before financial markets open in the United States on April 30, 2025. A copy of the press release will be posted on the "Investors" section of AerCap's ...

Core Insights - AerCap Holdings N.V. has reported significant business transactions in Q1 2025, reinforcing its position as a leader in aviation leasing [1] - The company serves approximately 300 customers globally, providing comprehensive fleet solutions [1] Business Transactions - AerCap signed 112 lease agreements, which included 4 widebody aircraft, 47 narrowbody aircraft, 42 engines, and 19 helicopters [3] - The company completed 49 purchases for 13 aircraft, including 8 Airbus A320neo Family aircraft, 3 Boeing 737 MAX aircraft, and 1 Boeing 787-9, along with 35 engines and 1 helicopter [3] - AerCap executed 42 sale transactions for 29 aircraft, including various models from Airbus and Boeing, as well as 11 engines and 2 helicopters [3] - The company signed financing transactions totaling approximately $1.5 billion [3] - AerCap repurchased approximately 5.7 million shares at an average price of $97.93 per share, totaling around $558 million [3] - A quarterly cash dividend of $0.27 per share was declared on ordinary shares [3]

DUBLIN, March 25, 2025 /PRNewswire/ -- AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust (together, the "Issuers"), each a wholly-owned subsidiary of AerCap Holdings N.V. ("AerCap" or the "Company"), priced an offering of $500 million aggregate principal amount of the Issuers' Fixed-Rate Reset Junior Subordinated Notes due 2056 (the "Notes"). The Notes will be issued with an initial interest rate of 6.500% per annum, to be reset on January 31, 2031 and every five years ther ...

Group 1 - AerCap has released its annual report (20-F filing) along with its Q4 results, prompting an update on valuation and investment case [1] - The analysis focuses on significant changes in the document compared to 2023 [1] - The company is based in Belgium and operates in sectors that are currently out of favor, which may present investment opportunities due to lower valuations and inefficiencies [1]

I was already bullish on AerCap (NYSE: AER ) when I wrote it up recently and after the Q4 earnings, I'm so bullish I've made it my largest position and I am considering adding further.Individual investor and family office principal with over 20 years of investment experience. I favor fundamental analysis and look for individual issues and asset classes that are out of favor and represent a good risk/reward trade off. I often employ options strategies, covered calls on companies I own that have gotten ahead ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.I covered AerCap (NYSE: AER ) in October 2024 with a strong buy rating. Since then, the stock price has increased nearly 11% compared to a 5.1% return for the S&P 500. This validates the strong buy rating. In fact, my price target of $106.93 was re ...

Debt and Financial Exposure - As of December 31, 2024, the principal amount of outstanding floating rate debt was $11.0 billion, representing 24% of the total indebtedness[39] - The company is exposed to interest rate risk, with potential adverse effects on net income due to higher interest payments on floating rate debt[40] - Negative changes in credit ratings could limit financing options and increase borrowing costs, affecting overall financial performance[44] - High inflation rates have increased operational costs and may diminish the value of fixed-rate leases, impacting financial results[43] Lease Revenue and Market Dependence - Lease revenue from emerging market countries accounted for 49% in 2024, 53% in 2023, and 53% in 2022, indicating a significant reliance on these markets[52] - During the year ended December 31, 2024, 99% of basic lease rents from flight equipment under operating leases were from fixed lease rates or power-by-the-hour agreements, with only 1% from floating interest rate leases[40] Geopolitical and Regulatory Risks - 13.3% of long-lived assets were on lease to Chinese airlines as of December 31, 2024, highlighting exposure to geopolitical risks in that region[51] - The geopolitical risks, including the Ukraine Conflict, have resulted in significant asset write-offs and loss of revenue[49] - Compliance with international regulations, such as the GDPR, may impose additional costs and risks of penalties, affecting financial stability[57] - The Ukraine Conflict has resulted in significant increases in insurance costs and reduced coverage, impacting the company's financial condition and cash flows[67] - The company may face challenges in pursuing insurance claims due to geopolitical events, which could delay recovery of losses[66] Environmental and Operational Challenges - The airline industry is facing increasing scrutiny regarding environmental impacts, which may lead to reduced air travel demand and increased operational costs[61] - The EU's "Fit for 55" proposal will phase out free emissions allowances for the aviation sector by 2026, impacting operational costs and compliance requirements[60] - The establishment of the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will become mandatory in 2027, affecting airlines operating international flights[60] - The aviation sector's transition to lower-carbon technologies may increase costs and reduce demand for traditional aircraft and engines[61] Demand and Market Dynamics - Demand for flight equipment is heavily influenced by long-term trends in passenger air travel and air cargo demand, which may decline due to market conditions[72] - A decrease in demand for flight equipment could materially affect lease rates and the company's financial results[75] - The concentration of aircraft manufacturing among a few companies may lead to missed or late deliveries, affecting revenue growth and customer relationships[77] - Increased fuel prices and volatility can significantly impact lessees' ability to meet lease payment obligations, especially during geopolitical events like the Ukraine Conflict[84] - Financial difficulties faced by lessees, including inflation and supply chain issues, may lead to delays or reductions in rental payments, adversely affecting the company's cash flows[82] - The competitive nature of the aviation leasing industry may hinder the company's ability to secure favorable lease terms, as competitors may have greater resources[95] - Changes in market participants due to mergers, acquisitions, or bankruptcies may affect competition and demand for the company's aircraft[96] Legal and Operational Risks - Legal complexities in repossessing aircraft and engines may lead to significant costs and challenges, impacting financial results[90] - The company's financial condition is closely tied to the financial strength of its lessees, with potential risks from their operational challenges and market conditions[80] - The company faces risks related to delivery delays from aircraft manufacturers, particularly Boeing, which have led to additional costs and potential impacts on cash flow and operations[97] - Delivery delays in the "Big Twin" freighter program due to regulatory certification issues have also contributed to operational challenges[97] Asset Management and Impairment Risks - As of December 31, 2024, 401 owned passenger aircraft were 15 years or older, representing 9% of total flight equipment and lease-related assets[101] - The company may recognize impairments if projected lease rates and residual values decline, particularly for older aircraft[99] Cybersecurity and Taxation - A cybersecurity incident in January 2024 did not cause material disruption or financial loss, but highlights ongoing risks to information systems[104] - The effective tax rate may be impacted by the division of earnings among different tax jurisdictions and changes in tax laws[113] - The implementation of the EU Minimum Tax Directive in Ireland mandates a minimum effective tax rate of 15% starting January 1, 2024[114] - The company may face additional taxes in Ireland based on the extent of operations, with a current corporate income tax rate of 12.5% on trading income[115] - The company is subject to risks from potential classification as a Passive Foreign Investment Company (PFIC) for U.S. federal income tax purposes, which could increase tax liabilities for U.S. shareholders[111] - The EU Anti-Tax Avoidance Directive (EU ATAD) and its amendments may affect the company's effective tax rate in future periods[116] - The EU ATAD 3 proposal, aimed at preventing misuse of shell entities, has not yet been adopted and may lead to additional reporting obligations[117] - The U.S. Corporate Alternative Minimum Tax (CAMT) could impact the company's effective tax rate, with a 15% tax on adjusted financial statement income applicable if certain thresholds are met[118] - The three-year average annual adjusted financial statement income (AFSI) threshold for CAMT is $1 billion for foreign-parented multi-national groups, with a simplified method lowering thresholds to $500 million and $50 million for 2023[118] - The company expects final regulations on CAMT to be issued by the U.S. Treasury in 2025, leaving uncertainty for 2024 and future years[118] - The company does not anticipate material U.S. federal income tax liability from subsidiaries outside the U.S., contingent on maintaining benefits under tax treaties[119] - Qualification for tax treaty benefits may depend on the nature and level of activities conducted by the company and its subsidiaries[120] - Failure to qualify for tax treaty benefits could result in significant U.S. federal and state tax liabilities, adversely affecting financial results[120] Dividend Policy - The company adopted a dividend policy in May 2024, intending to pay quarterly cash dividends, subject to Board approval and capital availability[110]

Financial Data and Key Metrics Changes - AerCap Holdings N.V. reported GAAP net income of $2.1 billion and adjusted net income of $2.3 billion for 2024, with adjusted EPS of $12.01, marking a record for the company [7][37] - The company generated $5.4 billion in operating cash flow for the year, excluding $651 million in gains on sale [8][37] - The leverage ratio at the end of the quarter was 2.35 to 1, which is below the stated target of 2.7 to 1 [20][40] Business Line Data and Key Metrics Changes - Basic lease rents for Q4 were $1.619 billion, an increase from $1.605 billion in Q3 [30] - Maintenance revenues for Q4 were $106 million, reflecting a $22 million amortization of maintenance rights [31] - The net gain on sale of assets reached a record $260 million in Q4, with a gain on sale margin of 43% [32][12] Market Data and Key Metrics Changes - The company has $45 billion of contracted future lease cash flows, with over 40% expected to be received in the next three years [9] - The demand for aviation assets continues to grow, as evidenced by the record level of gain on sale and increased lease rates [11][12] - The company noted a strong operational performance and a supportive supply-demand dynamic in the aircraft leasing market [8][50] Company Strategy and Development Direction - AerCap plans to utilize strong cash flows to return capital to shareholders while also investing in organic growth and share repurchases [18][19] - The company announced a new $1 billion share repurchase program, bringing total buybacks to $5 billion over the last two years [10][23] - The strategy includes selling lower-priority assets for strong gains and reinvesting proceeds into growth opportunities [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's outlook for 2025, expecting adjusted EPS in the range of $8.50 to $9.50, excluding gains on sale [7][49] - The CEO highlighted a continued shortage of aircraft and anticipated strong demand for used aircraft values [56][58] - Management noted that the company is well-positioned to capitalize on the current strong sales environment and robust demand for leasing [50][51] Other Important Information - The company maintained a strong liquidity position with total sources of liquidity at approximately $21 billion [39] - The effective tax rate for 2024 was 14.3%, with an increase expected in 2025 due to the global minimum tax [34][48] - AerCap's book value per share increased by 13% over the last twelve months, reaching $94.57 as of December 31 [41] Q&A Session Summary Question: Sales environment with OEM production - Management believes there will be a shortage of aircraft for years, despite future OEM production increases [56][58] Question: Elevated expenses in Q4 - Management indicated that expenses were slightly higher in Q4 but expected them to remain at similar levels in 2025 [60] Question: Recovery from Russia - The company reported a write-down of approximately $2.7 billion pretax, with recoveries of $1.3 billion in 2023 and $200 million in 2024 [66] Question: Credit rating benefits - Management noted that while they are currently rated BBB+, there is potential for an upgrade, which could positively impact net spreads [72] Question: EPS guidance and buyback impact - The EPS guidance of $8.50 does not include any additional buybacks beyond the announced $1 billion program [108] Question: Engine leasing business outlook - Management highlighted the unique position in the engine leasing market and the potential for growth in this area [95][106]

CALGARY, AB, Feb. 26, 2025 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) has issued an administrative penalty to Pembina Pipeline Corporation for contravening the Public Lands Act. A copy of the decision is on the AER’s Compliance Dashboard. Following an investigation by the AER, it was determined that between January 23 and 28, 2023, Pembina contravened section 56 (1) (n) of the Public Lands Act by commencing various activities near Saddle Hills County without completing a wildlife sweep, which w ...

AerCap (AER) came out with quarterly earnings of $3.31 per share, beating the Zacks Consensus Estimate of $2.56 per share. This compares to earnings of $3.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.30%. A quarter ago, it was expected that this airplane leasing company would post earnings of $2.41 per share when it actually produced earnings of $2.41, delivering no surprise.Over the last four quarters, the company ha ...