AerCap riding high on back of strong demand

Capitalising on the increase demand for aircraft due to the recovery in passenger traffic and the slowdown in new aircraft deliveries, AerCap posted strong results for the second quarter of 2022. AerCap generated $1.91 of adjusted earnings per share and adjusted net income of $464 million. The lessor reports “significant increase in activity across all businesses” for the quarter. Aengus Kelly, Chief Executive Officer of AerCap, said: “The ongoing recovery in air travel continued to strengthen across all major regions, and was manifested in high levels of cash collections and greater utilization of our fleet during the quarter. The strength