AerCap

AerCap Holdings N.V. is an American-Irish aviation leasing company headquartered in Dublin, Ireland, with offices around the world.

Following the closing of the GECAS transaction General Electric owned 45.4% of the company,[1] but, after a series of secondary market sales in March and September 2023, sold its final stake in November 2023.

[7] The company is now fully owned by public shareholders, the largest of which was Wellington with 21 million shares at the end of September 2023.

The company's cargo division serves customers including Amazon, Maersk, and ASL Airlines Ireland.

[10] Aercap traces its history to one of the first aircraft leasing companies, Guinness Peat Aviation, founded in 1975 by Tony Ryan.

[14] In March 2010, the company acquired Genesis Lease at a discount to book value as a result of the financial crisis, following this transaction Paul Dacier and Michael Gradon joined the AerCap board.

[25] In February 2016, AerCap reported record 2015 financial results and authorized a share repurchase program of $400 million.

[27] In June 2017, Aercap placed an order for 30 Boeing 787-9s, valued at $8.1 billion at list prices at the Paris Air Show.

At the beginning of the invasion, it had 152 aircraft valued at $2.5 billion in Russia and Ukraine, which foreign companies were unable to recover or service.

[34][35][36] In May 2022, the company reported a net loss of $2 billion due to the seizure of its planes and engines by the Russian authorities.