AerCap traded at $144.56 this Tuesday May 12th, decreasing $1.66 or 1.14 percent since the previous trading session. Looking back, over the last four weeks, AerCap lost 0.49 percent. Over the last 12 months, its price rose by 31.93 percent. Looking ahead, we forecast AerCap to be priced at 141.51 by the end of this quarter and at 132.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. It owns approximately 1,334 aircrafts. Its owned and managed aircraft were leased to approximately 200 customers in approximately 80 countries. It categorizes its aircraft services into aircraft asset management, administrative services and cash management services. The Company provides aircraft asset management and corporate services to securitization vehicles, joint ventures and other third parties.