Dublin based AerCap, the world’s largest aircraft leasing company, has released details of its 2023 activity. Over the course of the year it signed 592 lease agreements, completed 173 purchases and 188 sale transactions. The company also repurchased approximately 44 million shares (approximately $2.6 billion) and signed financing transactions for approximately $13.3 billion. It also received cash insurance settlement proceeds of approximately $1.3 billion relating to aircraft that were seized in Russia following the invasion of Ukraine.
In Quarter 4 of 2023, AerCap completed 52 purchases for 24 aircraft (including 4 Airbus A220 Family aircraft, 11 Airbus A320neo Family aircraft, 6 Boeing 737 MAX aircraft and 3 Boeing 787-9s for AerCap’s owned aircraft portfolio), 23 engines and 5 helicopters. It completed 36 sale transactions for 20 aircraft (including 3 Airbus A220 Family aircraft, 4 Airbus A320 Family aircraft, 3 Airbus A320neo Family aircraft, 1 Airbus A330, 3 Boeing 737NGs, 1 Boeing 737-300SF, 2 Embraer E190s and 3 De Havilland Canada DHC-8s from AerCap’s owned aircraft portfolio), 9 engines from AerCap’s owned engine portfolio, 1 engine from AerCap’s managed engine portfolio and 6 helicopters.
AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai, Seattle, Toulouse and other locations around the world.
