DUBLIN, Oct 29 (Reuters) - AerCap ( AER ), the world's
largest aircraft lessor, raised its full-year earnings guidance
on Wednesday after booking record gains from the sale of
aircraft during the third quarter amid a continued severe
shortage in the supply of jets.
The Dublin-based company's third-quarter revenue and
adjusted EPS also beat analyst expectations, indicative, it
said, of a continued favourable environment for leasing and
sales.
AerCap ( AER ) expects full-year adjusted earnings per share (EPS)
of around $13.70, including gains on the sale of aircraft,
engines and helicopters in the first nine months of the year,
but before any potential further gains in the final quarter.
It had forecast adjusted EPS of $11.60 at the end of June
before it sold 32 more assets for $1.5 billion, which produced
gains on sales of $332 million, its highest ever for a quarter.
That compared with $102 million for the same period in 2024,
relating to 22 assets sold for $479 million.
AerCap ( AER ) still increased its portfolio of owned, managed or
ordered aircraft, engines and helicopters to 3,536 at the end of
September from just over 3,500 three months earlier.