AENGUS KELLY, CEO OF AERCAP, SPEAKS TO CNBC'S ‘SQUAWK BOX’ EUROPE
On August 1, 2024, to coincide with AerCap’s Q2 Financial Results announcement, Aengus Kelly, CEO of AerCap, spoke to CNBC Squawk Box Europe. During the interview, he spoke about AerCap’s strong financial results for the second quarter of 2024, including raising full year guidance from $9.20 to $10.25 on the back of very strong operating cash flow of $1.4 billion dollars, as well as the company’s recent ratings upgrades to BBB+ by S&P Global and Baa1 by Moody's. Aengus spoke about the strong market for aircraft leasing and the organic growth we are seeing that is underpinned by our announcement that AerCap has entered into an agreement with Airbus to purchase 36 A320neo Family aircraft, to be leased to Spirit Airlines, taking our commitment to the program to over 600 units, cementing our position as the biggest of the program in the world.