top of page

The content on Breitflyte Airline News Network will always be free and won’t require a subscription.  Breitflyte.com is a participant in several affiliate advertising programs designed to provide a means for us to earn fees by linking to affiliated sites.  We may earn a commission if you click on or make a purchase through one of our links.  Thank you for supporting our affiliate advertisers. 

ADVERTISEMENT

AerCap Reports Second Quarter 2026 Net Profit of $726 Million or $4.59 per Share

AerCap Holdings has reported a second quarter 2026 net profit of $726 Million or $4.59 per share on a year-over-year increase in revenue of 15 percent to $2.17 billion.  The company ended the period with $1.7 billion in cash and cash equivalents.


AerCap Reports Second Quarter and First Half 2026 Financial Results - Courtesy AerCap
AerCap Reports Second Quarter and First Half 2026 Financial Results - Courtesy AerCap

On Wednesday (July 29, 2026), AerCap Holdings N.V. reported their second quarter and half year 2026 financial results for the period ending June 30, 2026.  The aircraft lessor reported a second quarter 2026 net profit of $726 Million or $4.59 per share on a year-over-year increase in revenue of 15 percent to $2.17 billion.  The company ended the period with $1.8 billion in cash, cash equivalents, and restricted cash.


In Wednesday’s announcement, AerCap’s CEO, Aengus Kelly, said,


“AerCap delivered another quarter of strong results, reflecting the power of our business model and the continued demand for high-quality aviation assets. Our global platform, consistent execution, disciplined capital allocation and active portfolio management continue to position us to capitalize on opportunities across the market. As a result, we are raising our full-year 2026 adjusted EPS guidance to $16.80. Looking ahead, we remain confident that the combination of sustained demand for air travel, ongoing aircraft supply constraints and our disciplined approach to capital deployment will continue to drive long-term value for our shareholders.”


During the second quarter, AerCap recorded $1.4 billion of asset sales with $223 million of gains on sale, representing an unlevered gain-on-sale margin of 20 percent, or 1.7x book value on an equity basis.  AerCap also recognized recoveries related to the Ukraine Conflict of $28 million during the period, consisting of cash insurance settlement proceeds received from a Russian airline and its Russian insurer in respect of two aircraft lost in Russia.  The company’s second quarter CAPEX totaled $1.9 billion, including the purchase of 25 aircraft, five engines and three helicopters.  In July 2026, AerCap placed an order for 15 Boeing 787 Dreamliners for delivery from 2030 to 2033.


At June 30, 2026, AerCap’s portfolio consisted of 3,567 aircraft, engines and helicopters that were owned, on order or managed.  The average age of the company’s owned passenger aircraft fleet as of June 30, 2026 was 7.4 years (5.5 years for new technology aircraft and 15.6 years for current technology aircraft) and the average remaining contracted lease term was 7.2 years.


AerCap Holdings N.V. (NYSE: AER) is the global leader in aircraft leasing and maintains one of the most attractive order books in the industry. The company serves around 300 customers in 80 countries with comprehensive fleet solutions. AerCap is headquartered in Dublin and maintains offices in Shannon, Miami, Memphis, Singapore, Amsterdam, Shanghai, Dubai, Seattle, Toulouse, and other locations around the world.



Source: AerCap / PRNewswire

bottom of page