AerCap to outperform despite market turbulence

Despite the coronavirus issue and associated fall in passenger flight demand, analysts Cowen reiterated its outperform status on lessor AerCap citing the firm’s proven ability to manage through challenging environments and maintain a measured approach to capital deployment. “AerCap has the largest aircraft leasing platform in the world with a presence, scale, and balance sheet that should allow them to act quickly no matter the backdrop. The company buys, sells or leases at least one aircraft every day which gives them deep insight into the market,” said Cowen analysts in a research note. According to Cowen the combination of breadth