AerCap Holdings reported a net income of $375m ($1.95 per share) and an adjusted net income of $463m ($2.41 per share) for Q3 2024, reflecting strong financial performance.
The company has raised its full-year adjusted earnings per share guidance from approximately $10.25 to $10.70, excluding any Q4 gains on sale, showcasing confidence in future performance.
Highlights for the quarter include a 99pc aircraft utilisation rate, $1.4bn in operating cash flow for the quarter, and record annual cash flow of $5.6bn.
AerCap also launched a $500m share repurchase program, taking the total for the year to $1.5bn, and signed financing transactions worth approximately $10.5bn in Q3 2024.
