AerCap leased, purchased and sold 953 assets in the full year 2023

AerCap has announced its major business transactions for the full year and fourth quarter of 2023:

In the full year of 2023, the company signed 592 lease agreements, completed 173 purchases and executed 188 sale transactions. They also received approximately US$1.3 billion in cash insurance settlement proceeds. AerCap repurchased around 44 million shares at an average price of US$59.09 per share, amounting to approximately US$2.6 billion. Additionally, they engaged in financing transactions worth about US$13.3 billion.

In the fourth quarter of 2023, AerCap signed 179 lease agreements, including 11 wide-body aircraft, 89 narrow-body aircraft, three regional jets, 57 engines and 19 helicopters.

The company completed 52 purchases for 24 aircraft, (including four Airbus A220-family aircraft, 11 Airbus A320neo-family aircraft, six Boeing 737 MAX aircraft and three Boeing 787-9s for AerCap