AerCap recorded first quarter 2008 net income of $50.9 million. Included in the first quarter 2008 net income amount were non-cash charges related to the mark-to-market of interest rate caps and share-based compensation of $9.0 million net of tax. Total revenue in first quarter 2008 decreased 5% compared with first quarter 2007. This decrease was […]
AerCap Holdings N.V. reports first quarter 2008 results Read More »
AirCap signed new lease agreements for 23 aircraft, delivered seven aircraft and ten engines under lease agreements, purchased 19 aircraft, sold eight aircraft, and disassembled three older aircraft. In addition to transactions closed in the first quarter 2008, AerCap closed two financing transactions during April 2008 which increased available funding by $338 million. These debt
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Fourth quarter 2007 net income was $45.1 million, compared with a net loss of $8.0 million for the same period in 2006. Fourth quarter 2007 net income excluding non-cash charges relating to the mark-to-market of interest rate caps and share-based compen-sation was $57.0 million, an increase of 11% vs. fourth quarter 2006 of $51.2 million
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AerCap of the Netherlands, have signed a 2 year agreement with Waviatech, the UK-based provider of the Stream-Digital Aircraft Records tool. The agreement covers the scanning of the historical records for its fleet of aircraft that will be transitioning between leases with the data being presented in the Stream format.
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AerCap Holdings reported the completion of the following transactions during fourth quarter 2007: AerCap signed contracts for 21 aircraft and 13 engines in fourth quarter 2007. The 21 new lease agreements for aircraft signed in the fourth quarter for future delivery to the operator included: — Six new Airbus A320 for Aeroflot (Russia), — One
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