AerCap Holdings N.V., the world's largest aircraft leasing company, reported a record $3.1bn net income in 2023 due to strong demand for aircraft leasing and sales.
AerCap Holdings N.V., the world's largest aircraft leasing company, reported a record net income of $3.1bn for 2023, driven by strong demand for aircraft leasing and sales. CEO Aengus Kelly noted that while airframe manufacturing issues may improve, engine part shortages are expected to persist through the decade due to limited supply. AerCap's strong performance saw it return $2.6bn to shareholders in 2023 and announce a new $500m share repurchase authorization.
February 23, 2024
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