July 29, 2021
AerCap Holdings N.V. Reports Financial Results for the Second Quarter 2021
- Net income for the second quarter of 2021 was $250 million, or $1.92 per share, as compared to net income of $246 million, or $1.92 per share, for the same period of 2020.
- Excluding expenses related to the GECAS transaction, net income for the second quarter of 2021 was $310 million, or $2.39 per share.
- The airline industry is witnessing a massive and rapid recovery in air travel in many of the world’s major markets.
DUBLIN – AerCap Holdings N.V. (“AerCap” or the “Company”) (NYSE: AER), the global leader in aircraft leasing, today reported financial results for the second quarter of 2021 ended June 30, 2021.
Aengus Kelly, Chief Executive Officer of AerCap, said, “AerCap generated strong results for the second quarter of 2021. The airline industry is witnessing an unprecedented and rapid recovery in air travel in the world’s major markets. For AerCap, this resulted in increased demand for our aircraft and a significant increase in our cash flows. With solid earnings, a strong balance sheet, and an improving leasing environment, we are excited about AerCap’s future.
We continue to work hard and make good progress on the regulatory approvals and integration workstreams for the GECAS transaction,” said Mr. Kelly. “As the recovery gathers pace, we are even more enthusiastic about the transaction today than we were when we announced it.”
The PDF file containing the full financial results for the second quarter of 2021 is available for download at www.aercap.com/media.