AerCap Holdings reports strong financial results

AerCap Holdings has announced that its adjusted net income was $79.9 million for the first quarter of 2014. Adjusted earnings per share were $0.70 for the first quarter of 2014, an increase of 17% over the first quarter of 2013. The debt to equity ratio was 2.5 to 1 at March 31, 2014, compared with 2.6 to 1 for the same period in 2013. As previously disclosed, AerCap signed financing transactions for $2.82 billion, primarily relating to an agreement to replace ILFC’s $2.3 billion unsecured revolving credit facility with a new $2.75 billion four-year unsecured revolving credit facility, to become