News Recap: AerCap Holdings N.V. (NYSE:AER)


AerCap Holdings N.V. (NYSE:AER) stock identified change of 58.70% away from 52-week low price and recently located move of -2.50% off 52-week high price. It has market worth of $8.02B . AER stock has been recorded 2.17% away from 50 day moving average and 15.62% away from 200 day moving average. Moving closer, we can see that shares have been trading -0.03% off 20-day moving average.

 On Dec. 30, 2019, AerCap Holdings N.V. (NYSE:AER) notified it has signed an agreement with AirSial Limited, a privately-owned Pakistani startup airline, for the lease of three used Airbus A320 aircraft. The aircraft are scheduled to deliver in the second quarter of 2020 and will be the first aircraft to be delivered to the airline.

Aengus Kelly, CEO of AerCap, said, For more than a decade, AerCap has been the biggest aircraft lessor in the fast growing Pakistani aviation sector and we are very pleased to support a new startup airline, AirSial. With the rapid growth in air traffic in Pakistan as well as air liberalization, AirSial is well positioned to take advantage of this opportunity. We wish AirSial every success with their new venture and we look forward to working with the AirSial team as these aircraft deliver. ‘Coming together is a beginning; keeping together is progress; working together is success’.

Mr Fazal Jilani, Chairman of AirSial Limited, said, I would like to congratulate and thank AerCap on this auspicious occasion for not only recognizing the potential of the Pakistan aviation market but also showing their firm belief in the Sialkot business community. We at AirSial, along with AerCap, will take our new partnership to the highest of standards and together make AirSial ‘The Pride of Pakistan’.

About AerCap

AerCap is the global leader in aircraft leasing with 1,360 aircraft owned, managed or on order and $43.5 billion of total assets as of September 30, 2019. AerCap has one of the most attractive order books in the industry. AerCap serves approximately 200 customers in approximately 80 countries with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and has its headquarters in Dublin with offices in Shannon, Los Angeles, Singapore, Amsterdam, Shanghai, Abu Dhabi, Seattle and Toulouse.

 The Services sector company, AerCap Holdings N.V. noticed change of -0.60% to $61.29 along volume of 1725215 shares in recent session compared to an average volume of 851.02K. The stock observed return of -0.86% in 5 days trading activity. The stock was at -0.41% over one month performance. AER’s shares are at 11.95% for the quarter and driving a 55.32% return over the course of the past year and is now at 54.77% since this point in 2018. 

 The average volatility for the week at 1.05% and for month was at 1.35%. There are 130.88M shares outstanding and 127.69M shares are floated in market. Right now the stock beta is 1.79. 

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