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AerCap leased, purchased and sold 116 assets in Q2

AerCap (AER) announced its major business transactions during Q2: signed 71 lease agreements, including 8 widebody aircraft, 32 narrowbody aircraft, 13 engines and 18 helicopters; completed 21 purchases for 11 aircraft, 5 engines for AerCap’s owned engine portfolio and 5 helicopters; completed 24 sale transactions for 14 aircraft, 6 engines and 4 helicopters; awarded approximately $1B from the war risks insurers of its contingent and possessed insurance policy by the London Commercial Court in respect of its assets lost in Russia in 2022; signed financing transactions for approximately $2.9B; repurchased approximately 4.7 million shares, at an average price of $94.03 per share, for a total of approximately $445M; declared quarterly cash dividend on ordinary shares of 27c per share.

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