AER - AerCap Holdings N.V.
| Previous Close | 57.99 |
| Open | 58.12 |
| Bid | 48.56 x 1100 |
| Ask | 56.81 x 2200 |
| Day's Range | 54.51 - 58.20 |
| 52 Week Range | 40.16 - 64.86 |
| Volume | 2,063,653 |
| Avg. Volume | 931,363 |
| Market Cap | 7.18B |
| Beta (5Y Monthly) | 1.81 |
| PE Ratio (TTM) | 6.47 |
| EPS (TTM) | 8.43 |
| Earnings Date | Apr 28, 2020 - May 03, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 73.75 |
- Thomson Reuters StreetEvents
Edited Transcript of AER earnings conference call or presentation 13-Feb-20 1:30pm GMT
Q4 2019 AerCap Holdings NV Earnings Call
- Bloomberg
China Considers Cash Injections, Mergers to Bail Out Airlines
(Bloomberg) -- China is considering measures such as direct cash infusions and mergers to bail out an airline industry crippled by the coronavirus outbreak, according to people familiar with the matter.One proposal involves allowing some of the nation’s biggest carriers -- which are controlled by the state -- to absorb smaller ones suffering the most from the collapse of travel, the people said, asking not to be identified because the information hasn’t been discussed publicly. Another option being explored is for the government to inject billions of dollars to bail out the industry, they said. Discussions are ongoing, and no decision has been made on what the final bailout package will look like, they said.The airline industry, particularly in China, has been roiled by the epidemic after the virus was first detected in the city of Wuhan. In an unprecedented move, global carriers stopped about 80% of their China flights and local airlines grounded enough planes to carry 10.4 million passengers. The disruptions have reduced China’s aviation market to the size of Portugal’s, according to industry researcher OAG Aviation Worldwide.The government measures under consideration also include offering loan repayment waivers and more favorable leasing terms for aircraft, the people said.Last week, the Civil Aviation Administration of China said the government would support measures to help the beleaguered industry recover, including mergers, but the regulator didn’t provide details. The government already announced plans to lower taxes and fees for airlines, and has now moved more broadly to protect employment, temporarily waiving social-security premiums for companies across industries.The press office at State-owned Assets Supervision and Administration Commission, which oversees key state enterprises such as major airlines, said it isn’t aware of any such bailout being planned. CAAC, the regulator in charge of airlines, didn’t immediately respond to a request for comment.Shares of the biggest Chinese airlines, Air China Ltd., China Eastern Airlines Corp. and China Southern Airlines Co., all closed at least 1.3% higher in Hong Kong and 0.6% higher in Shanghai on the news. Spring Airlines Co. was the best performer of the day, finishing with a 2.9% gain.China’s aviation market, projected to overtake the U.S. this decade and become the world’s biggest, now ranks 25th, according to OAG. China Southern scrapped about 45% of flights in late January and early February, the highest rate among the nation’s top carriers, according to Citigroup Inc. research.The pain has spread to Hong Kong-based Cathay Pacific Airways Ltd., which warned Monday that first-half financial results will be “significantly down” from a year earlier. Sales from Hong Kong and China have accounted for about half of its total revenue.Private CashThe private sector is also mobilizing a response. Three of the biggest global leasing companies, AerCap Holdings NV, Air Lease Corp. and Avolon Holdings Ltd., said last week that they are considering measures such as waiving lease payments and offering jet sale-leasebacks that would provide cash infusions to hard-hit carriers.Avolon will offer as much as $6 billion in financing to help airlines hit by the virus, Chief Executive Officer Domhnal Slattery said in a Feb. 12 interview. The Dublin-based firm will focus on sale-leaseback transactions in China and nearby countries.Air Lease said it’s in talks to take narrow-bodies out of China to help out about a dozen European carriers that have been hard-hit by delays with Boeing Co.’s 737 Max and Airbus SE A320 jets. AerCap said it will respond to the government’s call for institutions to help Chinese companies work through the crisis.“These airlines have been our partners for decades, and they will be our partners for decades to come,” AerCap CEO Aengus Kelly said on a Feb. 13 call.(Updates with share reaction in seventh paragraph, leasing-firm plans in 10th paragraph)\--With assistance from Sarah Chen, Ken Wang, Siddharth Philip and Julie Johnsson.To contact Bloomberg News staff for this story: Steven Yang in Beijing at kyang74@bloomberg.netTo contact the editors responsible for this story: Young-Sam Cho at ycho2@bloomberg.net, ;Jessica Zhou at jzhou75@bloomberg.net, Michael TigheFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- PR Newswire
AerCap Delivers the First New Airbus A320neo Aircraft to EGYPTAIR
AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced it has delivered a new Airbus A320neo aircraft on lease to EGYPTAIR, the first of a 15 A320neo Family aircraft deal with EGYPTAIR. With this delivery, EGYPTAIR will become the first airline based in mainland Africa to operate the aircraft type.
- PR Newswire
AerCap Holdings N.V. Reports Record EPS for Full Year 2019 and Announces New Share Repurchase Program
Net income of $309.8 million for the fourth quarter of 2019 and $1,145.7 million for the full year 2019
- Reuters
Coronavirus brings jet refinancing boost - Avolon CEO
Major aircraft lessor Avolon and its peers stand to benefit from the coronavirus outbreak as airlines shore up cash by refinancing their planes, the Dublin-based firm said on Wednesday. A sale-and-leaseback trend among airlines "will unquestionably be accentuated now with the coronavirus", Chief Executive Domhnal Slattery told Reuters after Avolon posted $718 million in net income for 2019. "The phone hasn't stopped ringing," Slattery said.
- Reuters
Financier doubts add to Boeing's MAX headaches
To restore faith in the 737 MAX, Boeing needs to prove its flagship jet is not just airworthy but also a safe investment. Boeing said on Tuesday its troubled workhorse - grounded last March after two crashes in which 346 people died - should receive approval by mid-year from U.S regulators, paving the way for hundreds of jets to resume service later this year. "Even people who have committed to financing previously are wondering should I extend or should I just pull back to wait to see because they don't know the real value of their collateral going forward," said the head of an asset-management firm active in the sector, declining to be named to preserve relations with Boeing.
- GuruFocus.com
David Einhorn Going Into 2020 With Confidence and Gold
Discussion of the guru's major positions and 4th-quarter letter Continue reading...
- Simply Wall St.
Why AerCap Holdings N.V.’s (NYSE:AER) Return On Capital Employed Might Be A Concern
Today we'll evaluate AerCap Holdings N.V. (NYSE:AER) to determine whether it could have potential as an investment...
- Reuters
Avolon CEO says greener airlines should pay less to lease planes
Airlines with the best environmental scores should pay less for leasing aircraft than more polluting competitors, the head of one of the world's top leasing companies said on Monday. The radical proposal from Dublin-based Avolon comes as aviation firms face mounting scrutiny over climate policies not only from environmental groups but also investment funds that monitor Environmental, Social and Governance (ESG) performance. Avolon, one of the top three aircraft lessors, claims to have one of the industry's youngest and most efficient fleets.
- Zacks
AerCap (AER) Upgraded to Strong Buy: Here's What You Should Know
AerCap (AER) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
- Zacks
Is AerCap (AER) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Reuters
AerCap CEO warns against panic discounts for Boeing 737 MAX jets
Owners of Boeing's grounded 737 MAX jet must keep cool heads and avoid offering panic discounts on sale or lease prices to avoid undermining its long-term value, the head of one of the world's largest aircraft lessors Aercap said on Monday. "Discipline and keeping a cool head is vital because if people panic and lease the airplane or sell the airplane at knock-down rates for an extended period of time, it will be harder for the residual value of that asset to recover," Aercap's Aengus Kelly told the Airline Economics aviation finance conference in Dublin. Aercap has 100 Boeing 737 MAX jets on order.
- PR Newswire
AerCap Holdings N.V. to Release Fourth Quarter and Full Year 2019 Financial Results on February 13, 2020
AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it will host a conference call and webcast for investors and analysts on Thursday, February 13, 2020 at 8:30 a.m. Eastern Time to review its fourth quarter and full year 2019 financial results.
- PR Newswire
AerCap Leased, Purchased and Sold 353 Aircraft in 2019
AerCap Holdings N.V. ("AerCap") (NYSE: AER) has announced its major business transactions during the full year and fourth quarter 2019:
- Insider Monkey
How Did AerCap Holdings N.V. (AER) Compare Against Top Hedge Fund Stocks in 2019?
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […]
- PR Newswire
AerCap Signs Lease Agreement with AirSial for 3 Airbus A320 Aircraft
AerCap Holdings N.V. ("AerCap") (NYSE: AER) today announced it has signed an agreement with AirSial Limited, a privately-owned Pakistani startup airline, for the lease of three used Airbus A320 aircraft. The aircraft are scheduled to deliver in the second quarter of 2020 and will be the first aircraft to be delivered to the airline.
- Simply Wall St.
Should You Investigate AerCap Holdings N.V. (NYSE:AER) At US$60.82?
AerCap Holdings N.V. (NYSE:AER), which is in the trade distributors business, and is based in Ireland, saw a...
- Insider Monkey
Did Hedge Funds Drop The Ball On AerCap Holdings N.V. (AER) ?
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the third quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
- PR Newswire
AerCap Holdings N.V. Announces Pricing of Secondary Share Offering
AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced the pricing of the previously announced secondary offering of 4,000,000 of its ordinary shares by Waha AC Coöperatief U.A. ("Waha"), a wholly owned subsidiary of Waha Capital PJSC ("Waha Capital"), and Avia Holding Limited, a wholly owned subsidiary of Waha Capital ("Avia" and, together with Waha, the "Selling Shareholders"). AerCap will not receive any proceeds from the sale of the ordinary shares offered.
- Zacks
Why AerCap Holdings (AER) Stock Might be a Great Pick
AerCap Holdings (AER) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- Zacks
Is AerCap Holdings (AER) A Profitable Stock to Pick Now?
Is AerCap (AER) a great pick from the value investor's perspective right now? Read on to know more.
- PR Newswire
AerCap and EGYPTAIR Reach Agreement on the Conversion of 7 Previously Executed Leases for Airbus neo Aircraft
DUBAI, United Arab Emirates, Nov. 18, 2019 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (AER) and EGYPTAIR today announced they have signed documents converting seven leases for Airbus A320neos into leases for seven Airbus A321neos. The announcement was made during the 2019 Dubai Airshow in the presence of EGYPTAIR Holding Company Chairman & CEO Captain Ahmed Adel, EGYPTAIR Airlines Chairman & CEO Captain Ashraf Elkhouly, AerCap CEO Aengus Kelly and AerCap President & Chief Commercial Officer Philip Scruggs.
- PR Newswire
AerCap and EGYPTAIR Reach Agreement on the Leasing of 2 Additional Boeing 787-9 Aircraft
DUBAI, United Arab Emirates, Nov. 18, 2019 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap") (AER) and EGYPTAIR today announced they have executed long-term operating leases for two Boeing 787-9 aircraft. The aircraft are from AerCap's order book with Boeing and the first unit is scheduled to deliver in 2021 with the second unit delivering in 2022. In October 2017, EGYPTAIR placed an order with AerCap for six 787-9 aircraft, all of which were delivered to the airline in 2019.
