AerCap, is one of the global leaders in aviation leasing with approximately 300 customers around the world released details of its fourth quarter and full-year transactions of 2023.
Full Year 2023 Transactions
Signed 592 lease agreements, completed 173 purchases and 188 sale transactions.
Received cash insurance settlement proceeds of approximately $1.3 billion.Repurchased approximately 44 million shares, at an average price of $59.09 per share, for a total of approximately $2.6 billion.
Signed financing transactions for approximately $13.3 billion.
Fourth Quarter 2023 Transactions
Signed 179 lease agreements, including 11 widebody aircraft, 89 narrowbody aircraft, 3 regional jets, 57 engines and 19 helicopters.
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.
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.
Received cash insurance settlement proceeds of approximately $609 million.Repurchased approximately 10 million shares, at an average price of $62.86 per share, for a total of approximately $649 million.
Signed financing transactions for approximately $1.7 billion.
