AerCap records $1.1 billion income for 2019

AerCap reported full year earnings of  $1,145.7m for 2019 and also announced a $250 share repurchase programme which will run until the end of June 2020.The lessor also reported that new technology aircraft comprise 58% of its owned fleet, which Aengus Kelly, the firm’s chief executive said,  CEO of AerCap, said positioned the firm, “well for success in the years ahead and continued leadership in providing the most fuel-efficient aircraft to airlines around the world.”According to the results announcement, AerCap has about $40bn of contracted future lease rents with 97% of lease rents through 2022 already contracted and an average current lease