AerCap Holdings N.V. has unveiled a summary of its major business transactions for both the full year and the fourth quarter of 2024, showcasing remarkable accomplishments in leasing, purchasing, sales and shareholder returns.
For the full year 2024, AerCap signed 496 lease agreements, completed 150 purchases and concluded 166 sale transactions. The company also secured financing transactions worth approximately US$17.5 billion. In a strong demonstration of shareholder value, AerCap repurchased roughly 16.8 million shares at an average price of US$87.80 per share, amounting to a total expenditure of about US$1.5 billion.
During the fourth quarter of 2024 alone, the company signed 92 lease agreements, which included 14 wide-body aircraft, 14 narrow-body aircraft, 33 engines and 31 helicopters. Purchase activities in the same quarter featured 41 transactions, encompassing 27 aircraft—such as four Airbus A220-family aircraft, twelve Airbus A320neo- family aircraft, three Airbus A330neos, one Boeing 737 MAX, one Boeing 787-9 and six Embraer E195-E2s—all for AerCap’s owned aircraft portfolio. Additionally, the company acquired ten engines for its owned engine portfolio and four helicopters.
Sale transactions in the fourth quarter numbered 55, covering 26 aircraft, including seven Airbus A320-family aircraft, three Airbus A320neo-family aircraft, one Airbus A330, four Boeing 737NGs, one Boeing 737-800BCF, one Boeing 777-300ER and three Embraer E190s from AerCap’s owned portfolio. Sales also included six aircraft from its managed portfolio, alongside 25 engines—16 from its owned portfolio and nine from its managed portfolio—and four helicopters.
In terms of financing, AerCap signed agreements valued at approximately US$1.8 billion in the fourth quarter. The company also repurchased about 3.1 million shares during this period at an average price of US$94.74 per share, representing a total outlay of approximately US$297 million. Shareholders benefited further from a quarterly cash dividend of US$0.25 per share.
