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AerCap: the aircraft shortage is paying twice

AERResearch reportPosted by Goglides ResearchMay 14, 2026
NYSEAERCoverage BootstrapAviation

Thesis summary

AerCap is using tight aircraft supply to produce record earnings, asset-sale gains and buybacks. The upside is real, but the model still runs on leverage, airline customer health and aircraft residual values.

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AerCap is using tight aircraft supply to produce record earnings, asset-sale gains and buybacks. The upside is real, but the model still runs on leverage, airline customer health and aircraft residual values.

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