May 17, 2022
AerCap Holdings N.V. Reports Financial Results for the First Quarter 2022
- Net loss for the first quarter of 2022, including net charges related to the Ukraine Conflict, was $2.0 billion, or $8.35 per share.
- Net income for the first quarter of 2022 was $540 million, or $2.23 per share, after adjustments for net charges related to the Ukraine Conflict and other items.
DUBLIN – AerCap Holdings N.V. (“AerCap” or the “Company”) (NYSE: AER), the global leader in aircraft leasing, today reported financial results for the first quarter of 2022 ended March 31, 2022.
“During the first quarter, we continued to see a broad-based recovery in travel around the world as governments lifted travel restrictions and demand for travel continued to increase. We expect to see demand for travel continue to grow as the recovery progresses,” said Aengus Kelly, Chief Executive Officer of AerCap.
“During the first quarter, we ceased all of our leasing activity to Russian airlines and took a charge primarily related to our aircraft and engines that remain in Russia. We have filed insurance claims related to these assets and will vigorously pursue all available remedies to recover our losses,” Mr. Kelly added.
The PDF file containing the full financial results for the first quarter of 2022 is available for download at www.aercap.com/media.