AerCap net income rises to $604 million for the first quarter, adjusts full year EPS to $9.20

AerCap has reported a net income of $604 million for the first quarter of the year and an earnings per of share of $3.02, up from $432 million, or $1.79 year-on-year (YoY). Its adjusted net income was $658 million, or $3.29 per share, up from $566 million, or $2.34 per share YoY. Following the positive results, AerCap has adjusted its full year 2024 adjusted earnings per share guidance to approximately $9.20. Its total revenues and other income was up 8% to $2bn, with total lease revenue up 2% to $1.8bn. Its basic lease rents were up 3% to $1.6bn. Its net