AerCap Holdings

Overhang to dissipate

  • Sectors : Aircraft Leasing
  • Companies : AerCap Holdings

Ratings and price correct at time of issue.

  • AerCap Holdings

    Closing Price: 6151c

  • RATING 27/06/17

  • PREVIOUS RATING N/A

DAVY VIEW

The unwinding of Waha’s 6% position in AerCap, alongside the termination of its funded collar transactions, should remove volatility in the AerCap share. It will also clear the overhang that has been a consistent feature of the AerCap register since 2015, with AIG and Waha having sold c.120m shares compared to AerCap’s current share count of 133m.

Download full report with analyst certification and important disclosures

Dec 3 2019, 08:35 GMT

Download