AerCap completes more than 700 asset transactions in 2025

AerCap Holdings N.V. has reported a highly active year of portfolio management, announcing that it leased, purchased and sold a total of 705 assets during the full year 2025, including 240 transactions completed in the fourth quarter alone.

The global aviation leasing leader said that across the full year it signed 371 lease agreements, completed 145 asset purchases and executed 189 sale transactions, underlining strong demand for aircraft, engines and helicopters across its customer base.

AerCap also strengthened its balance sheet during the year, signing financing transactions totalling approximately $13.2 billion. In addition, the company received around $1.5 billion in cash insurance proceeds, primarily relating to the June 11, 2025 judgment by the London Commercial Court concerning aircraft assets lost in Russia in 2022.

Capital returns remained a key focus, with AerCap repurchasing approximately 22.1 million shares during the year at an average price of $109.92 per share, representing a total investment of around $2.4 billion.

Activity accelerated in the fourth quarter of 2025, during which AerCap signed 122 lease agreements. These included 22 widebody aircraft, 42 narrowbody aircraft, 36 engines and 22 helicopters, reflecting the breadth of its leasing platform.

During the quarter, the company completed 40 purchases, comprising 30 aircraft, two engines and eight helicopters. Aircraft acquisitions included 15 Airbus A320neo Family aircraft, seven Boeing 737 MAX aircraft, one Boeing 787-9 and seven Embraer E195-E2s for AerCap’s owned aircraft portfolio.

At the same time, AerCap completed 78 sale transactions in the fourth quarter, covering 62 aircraft, 14 engines and two helicopters. Aircraft sold from its owned portfolio included Airbus A320 Family and A320neo aircraft, Airbus A330s, Boeing 737NGs, Boeing 767-300ERs, a Boeing 777-200ER and Embraer E195 and E195-E2 aircraft, alongside 23 aircraft from its managed portfolio.

Financing activity remained robust in the final quarter, with AerCap signing approximately $8.5 billion of new financing transactions. The company also continued its share buyback programme, repurchasing around 3.5 million shares at an average price of $127.63 per share, for a total of approximately $444 million. In addition, AerCap declared a quarterly cash dividend of $0.27 per share on its ordinary shares.