AerCap reports Q2 2020 net income of USD 246m

AerCap Holdings N.V. has reported net income of USD 246m in the second quarter 2020, compared with USD 331 million for the same period in 2019, the company said.

Diluted earnings per share for the second quarter 2020 were USD 1.92, compared to USD 2.42 per share in the same period of 2019.

As of June 30, 2020, AerCap´s portfolio consisted of 1,357 aircraft that were owned, on order or managed, as adjusted to reflect our cancellation of 15 Boeing 737 MAX aircraft orders in in July 2020. The average age of our owned fleet as of June 30, 2020 was 6.4 years (2.7 years for new technology aircraft, 11.7 years for current technology aircraft) and the average remaining contracted lease term was 7.3 years.

AerCap is an aircraft leasing company that serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions.