March 30, 2022
AerCap Holdings N.V. Reports Financial Results for the Fourth Quarter 2021
- Net income for the fourth quarter of 2021 was $89 million, or $0.44 per share. Net income for the full year 2021 was $1,001 million, or $6.71 per share.
- Excluding expenses related to the GECAS transaction, net income was $211 million, or $1.04 per share, for the fourth quarter of 2021, and $1,294 million, or $8.68 per share, for the full year 2021.
- The airline industry continues to experience a rapid recovery in air travel in many of the world’s major markets.
DUBLIN – AerCap Holdings N.V. (NYSE: AER), the global leader in aviation leasing, today reported financial results for the fourth quarter of 2021 ended December 31, 2021.
Aengus Kelly, Chief Executive Officer of AerCap, said: “2021 was a milestone year for AerCap as we closed the GECAS transaction on November 1st. This transaction significantly enhanced and diversified our fleet, broadened our customer base and geographic reach, increased our product offering and added outstanding new talent - the combination of which we expect to lead to increased revenues, earnings and cash flows in the future. Notwithstanding the Ukraine invasion and the broad sanctions imposed against Russia, where we had approximately 5% of our fleet, we believe the continued recovery in air travel in many parts of the world puts AerCap on a positive trajectory heading into 2022.”
The PDF file containing the full financial results for the fourth quarter of 2021 is available for download at www.aercap.com/media.