AerCap Holdings N.V. Q2 2024 Filing Released
Ticker: AER · Form: 6-K · Filed: Aug 1, 2024 · CIK: 1378789
Sentiment: neutral
Topics: financial-reporting, quarterly-update, aviation-leasing
TL;DR
Aercap dropped its Q2 2024 update, check the numbers for lease rents.
AI Summary
AerCap Holdings N.V. filed a 6-K report for the period ending June 30, 2024. The filing includes financial data for the second quarter of 2024, detailing base lease rents and maintenance rents and other receipts. Specific dollar amounts for these categories are not explicitly stated in the provided text snippet, but the reporting period and company name are clear.
Why It Matters
This filing provides an update on AerCap's financial performance and operational metrics for the second quarter of 2024, which is crucial for investors assessing the company's leasing business.
Risk Assessment
Risk Level: low — This is a routine financial filing providing an update on the company's performance.
Key Numbers
- 2024-06-30 — Reporting Period End Date (Indicates the end of the financial period covered by the report.)
- 2024-01-01 — Reporting Period Start Date (Indicates the start of the financial period covered by the report.)
Key Players & Entities
- AerCap Holdings N.V. (company) — Filer of the report
- June 30, 2024 (date) — End of reporting period
- 2024 Q2 (date) — Reporting quarter
FAQ
What were AerCap's total base lease rents for Q2 2024?
The provided text snippet does not contain the specific dollar amount for base lease rents for Q2 2024, but it indicates that this data is reported for the period April 1, 2024, to June 30, 2024.
What were AerCap's maintenance rents and other receipts for the first six months of 2024?
The filing covers the period from January 1, 2024, to June 30, 2024, and includes data on maintenance rents and other receipts, though the specific amount is not detailed in the provided text.
What is the company's fiscal year end?
AerCap Holdings N.V.'s fiscal year ends on December 31.
In which country is AerCap Holdings N.V. incorporated?
AerCap Holdings N.V. is incorporated in P7, which corresponds to the Netherlands.
What is the SEC file number for this filing?
The SEC file number for this 6-K filing is 001-33159.
Filing Stats: 4,668 words · 19 min read · ~16 pages · Grade level 13 · Accepted 2024-08-01 11:30:44
Key Financial Figures
- $0.25 — s declared a quarterly cash dividend of $0.25 per share, with a payment date of Septe
Filing Documents
- aer-20240630.htm (6-K) — 1743KB
- 0001378789-24-000022.txt ( ) — 9001KB
- aer-20240630.xsd (EX-101.SCH) — 89KB
- aer-20240630_cal.xml (EX-101.CAL) — 92KB
- aer-20240630_def.xml (EX-101.DEF) — 302KB
- aer-20240630_lab.xml (EX-101.LAB) — 637KB
- aer-20240630_pre.xml (EX-101.PRE) — 486KB
- aer-20240630_htm.xml (XML) — 1434KB
Financial Statements (Unaudited)
Financial Statements (Unaudited) 4 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 39 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 55 PART II . OTHER INFORMATION 57 Item 1.
Legal Proceedings
Legal Proceedings 57 Item 1A.
Risk Factors
Risk Factors 57 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 57 Item 3. Defaults Upon Senior Securities 57 Item 4. Mine Safety Disclosures 57 Item 5 . Other Information 57 Item 6. Exhibits 57 Signature 58 3
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) Unaudited Condensed Consolidated Balance Sheets as of June 30 , 202 4 and December 31, 202 3 5 Unaudited Condensed Consolidated Income Statements for the Three and Six Months E nded June 30 , 202 4 and 2023 6 Unaudited Condensed Consolidated Statements of Comprehensive Income for the Three and Six Months E nded June 30 , 202 4 and 202 3 7 Unaudited Condensed Consolidated Statements of Cash Flows for the Six Months E nded June 30 , 202 4 and 202 3 8 Unaudited Condensed Consolidated Statements of Equity for the Three and Six Months E nded June 30 , 202 4 and 202 3 11 Notes to the Unaudited Condensed Consolidated Financial Statements 13 4 AerCap Holdings N.V. and Subsidiaries Unaudited Condensed Consolidated Balance Sheets As of June 30, 2024 and December 31, 2023 Note June 30, 2024 December 31, 2023 (U.S. Dollars in thousands, except share data) Assets Cash and cash equivalents 4 $ 1,436,032 $ 1,627,181 Restricted cash 4 176,203 198,285 Trade receivables 49,512 73,667 Flight equipment held for operating leases, net 5 57,515,152 57,091,166 Investment in finance leases, net 6 1,276,639 1,254,451 Flight equipment held for sale 7 104,891 296,696 Prepayments on flight equipment 26 3,799,172 3,576,187 Maintenance rights and lease premium, net 8 2,411,180 2,729,962 Other intangibles, net 9 150,728 163,167 Deferred tax assets 16 273,298 275,756 Associated companies 10 1,039,709 971,517 Other assets 11 2,874,145 3,016,524 Total Assets $ 71,106,661 $ 71,274,559 Liabilities and Equity Accounts payable, accrued expenses and other liabilities 13 $ 1,722,501 $ 1,793,058 Accrued maintenance liability 14 2,979,269 2,863,730 Lessee deposit liability 1,007,927 1,018,702 Debt 15 45,697,189 46,483,903 Deferred tax liabilities 16 2,683,354 2,526,120 Commitments and contingencies 26 Total Liabilities 54,090,240 54,685,513 Ordinary share capital, 0.01 par value, 450,000,000 ordinary shares authorize