AerCap report second quarter earnings

During the second quarter of 2018, AerCap reports net income of $254.2 million, compared with $282.9 million for the same period in 2017, with diluted earnings per share of $1.70, compared with $1.67 for the same period in 2017. AerCap states that the decrease in net income was primarily driven by lower other income as well as a decrease in net gain on sale of assets. Other income for the second quarter of 2017 included contractual payments related to a lease termination agreement. The increase in diluted earnings per share was primarily driven by the repurchase of 24.9 million shares