AerCap reports record gains on asset sales

AerCap has reported strong demand for aircraft assets as it reported its highest ever gain on assets sales in its second quarter results. The world’s largest aircraft lessor reported a net gain on sale of assets of $166 million in the quarter ending June 30, 2023, which relates to 52 assets sold for $818 million. This is a significant increase when compared to the $35 million net gain made in the same period in 2022, relating to 29 assets sold for $386 million. AerCap sold 17 aircraft, 29 engines and 13 helicopters during the period with a margin on asset