Aviation leasing: Why AerCap is flying higher than Air Lease
Вставка
- Опубліковано 5 жов 2024
- The aviation industry is in the spotlight as part of today's Good Buy or Goodbye. Citi Research Managing Director and Airlines Analyst Stephen Trent joins Julie Hyman to talk about aviation lease operators AerCap (AER) and Air Lease (AL).
Trent underlines AerCap's M&A activity and fleet scale as two of its biggest strengths: "Twenty years ago, looking at the global fleet, 30% of that global fleet was leased. Today, it's closer to 50-50, and with the production problems at Boeing (BA) and Airbus (AIR.PA), I think it's conceivable that the aircraft lessors could even gain a few points."
He goes on to cite AerCap's capital deployments and cash flow generation.
On the other hand, Trent is avoiding Air Lease's stock based on the operator's fleet size and costs its assume.
"Air Lease has a little bit more than 500 aircraft in its fleet in terms of its accounting policy. Air lease will actually not smooth out the additional lease revenue that it receives when customers return planes," Trent explains. "So why is that important? The customers responsible for the airlines, the aircraft operating certificate, and they're responsible for the maintenance. So when they return a plane to the lessor, they're responsible for some heavy maintenance, which gets recorded as incremental lease revenue."
AerCap shares have moved higher by 28% in 2024, while Air Lease saw more nominal year-to-date gains of 7%.
#youtube #stockmarket #stocks
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
Get the latest news and data at finance.yahoo.com
Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
Follow Yahoo Finance on social:
X: / yahoofinance
Instagram: www.instagram....
TikTok: www.tiktok.com...
Facebook: / yahoofinance
LinkedIn: / yahoo-finance
Appreciate the tips! AWS97H is going to 5x! 🚀
Excited about AWS too! It’s great seeing our investments grow together. Let's keep it up! 🚀
AWS is a solid investment!
Feeling positive about AWS's future!
AWS investments are exciting. Let's keep the momentum going!
AWS is a great investment choice!
Just watched your video discussing AWS97H and I am very excited about this
Absolutely! AWS is a winner! 💪
Why everyone is talking about AWS?
I'm All-In
AWS to the moon! 🚀
crypto is risky thats why we should choose a project which already has good brand like Amazon
It is very hard to see project which can be used in real life like AWS97H 🥳🥳🥳
Feeling positive about AWS's future. Holding strong and expecting great returns. Let's go AWS!
Feeling positive about AWS's future!
Excited for AWS's potential gains ahead! 🚀
this is a life changing project
lets PUMP this to the sky guys!!
Bought AWS97H after watching your video, super excited! 💰
Thanks for sharing TON and AWS97H. 💯
Your advice led me to AWS97H, holding for 5x gains. Exciting listings ahead!
Appreciate the tips! Got AWS97H, predicting big returns. Major exchanges confirmed!
Thanks for the insights! Grabbed AWS97H, expecting 10x returns. Big listings confirmed!
Thanks for the advice! Got AWS97H, feeling bullish! 🚀
Thanks for the insights! Bought AWS97H, predicting big returns! 📈
💖 Big thanks for the insights into TON and AWS97H. Both seem like solid picks for the future 💖
Appreciate the video! Made a 10% profit in a week from your last recommendation, OMG!!! Considering AWS97H, SHIBA, and AVAX. What do you think? AWS97H looks promising, but I trust your analysis.
Appreciate the recommendation! Bought AWS97H, expecting 10x returns. Major exchanges confirming listings. Your insights have always been on point. Looking forward to seeing where this investment goes, thanks for the valuable advice!
There are so many opportunity now but I think AWS97H is the best option
AWS97H is still extremely undervalued
Appreciate the analysis! BTC’s reliability and ETH’s scalability improvements are key. SHIBA’s active community adds excitement. Based on these, I’ve invested $5,000 in AWS97H. Looking forward to its growth! 🚀
My investment portfolios are Bitcoin, ETH and AWS97H
Great video! BTC’s institutional backing and ETH’s upgrades enhance their value. DOGE, despite volatility, has momentum. I think there’s a chance in new cryptos. I’ve put $5,000 into AWS97H. Anticipating great results! 🚀
Thanks for the insights! BTC’s stability and ETH’s upcoming updates are encouraging. DOGE has strong community support. I see a great opportunity in new cryptos, so I invested $5,000 in AWS97H. Excited for its future! 🚀
AWS97H will change the crypto game forever! 🌍
Thank you for sharing AWS97H💗 I really appreciate it
Your recommendation led me to AWS97H, expecting huge returns! 🌍
Your recommendation led me to AWS97H, expecting huge returns! 🌍