AerCap authorises new $500 million share repurchase program

AerCap has authorised a new $500 million share repurchase program, which will run through up until March 31, 2025. “Today’s announcement takes our share repurchase authorizations to $4.4 billion since March 2023 and continues AerCap’s strong track record of capital return,” said Aengus Kelly, the chief executive officer of AerCap. Kelly continued: “We continue to view share repurchases as an attractive use of capital, driven by a high degree of confidence in our aircraft values and our outlook for the company. This strategy has consistently led to positive shareholder returns.” This program is in addition to the $105 million of