DUBLIN, Aug 1 (Reuters) - AerCap ( AER ) raised its
full-year earnings guidance for the second time this year after
recording further gains on the sale of aircraft and higher lease
revenue in the second quarter, the world's largest aircraft
lessor said on Thursday.
AerCap ( AER ) expects full-year adjusted earnings per share of
around $10.25, including gains on the sale of aircraft, engines
and helicopters in the first half of the year but excluding any
potential further gains in the second half.
The Dublin-based lessor had forecast a range of $7.50 -
$8.50 in March, excluding any gains on sale for the year, and
raised it to $9.20 in May after reporting a 160 million euro
first quarter net gain on asset sales.
It reported a further 129 million euro net gain in the
period from April to June after it sold 29 aircraft, seven
engines and one helicopter in what it described as a "robust
sales market".
AerCap's ( AER ) portfolio consisted of 3,492 owned, managed or
ordered aircraft, engines and helicopters at the end of June, a
fleet that far dwarfs its nearest rival. It entered into lease
agreements for 162 of those assets in the second quarter.