AerCap Secures €112 Million Insurance Settlement Amid Ongoing Ukraine Conflict Claims

Aercap Holdings ( (AER) ) just unveiled an announcement.

AerCap Holdings recently received a cash insurance settlement of approximately €112 million related to eight aircraft formerly leased to Russian airlines AirBridgeCargo Airlines LLC and Atran LLC. This settlement, approved by U.S. authorities, contributes to AerCap’s total recoveries from the Ukraine Conflict, now amounting to approximately $2.6 billion. While discussions continue regarding other claims with Russian airlines, the outcome remains uncertain.

The most recent analyst rating on (AER) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Aercap Holdings stock, see the AER Stock Forecast page.

Spark’s Take on AER Stock

According to Spark, TipRanks’ AI Analyst, AER is a Outperform.

AerCap’s stock receives a strong score due to its impressive financial performance, highlighted by record earnings and increased guidance from the latest earnings call. The stock is also attractively valued, offering potential upside. However, technical indicators suggest short-term bearish momentum, which could pose a risk if not reversed. Addressing high leverage and improving free cash flow conversion will be important for maintaining financial health.

To see Spark’s full report on AER stock, click here.

More about Aercap Holdings

AerCap Holdings N.V. is a global leader in aircraft leasing and aviation finance, providing comprehensive fleet solutions to airlines worldwide. The company focuses on leasing aircraft to various airlines, supporting their operations with a diverse portfolio of aircraft.

Average Trading Volume: 1,274,065

Technical Sentiment Signal: Buy

Current Market Cap: $19.21B

For detailed information about AER stock, go to TipRanks’ Stock Analysis page.