AerCap Holdings N.V. reports record financial results

AerCap Holdings released that its adjusted net income was $74.9m for the fourth quarter of 2013, and $299.m for the full year 2013. Adjusted earnings per share were $0.66 for the fourth quarter of 2013, an increase of 16% over the fourth quarter of 2012 and adjusted earnings per share for the full year 2013 were $2.64, an increase of 35% over the full year 2012. During 2013 AerCap purchased 38 aircraft with a total value of $1.8bn and committed future aircraft purchases were $3.5bn as of December 31, 2013, relating to 44 aircraft. All committed purchases are placed on long term leases with an average term of 11.8 years.