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0 0.000921658986175194 0.000184331797235117 0.00055299539170509 -0.000368663594469973 0.00129032258064517 0.00258064516129033 0.00258064516129033
Stock impact report

AerCap CEO expects some airlines to be stretched by oil at $80 [Reuters (UK)]

AerCap Holdings N.V. Ordinary Shares (AER) 
Last aercap holdings n.v. ordinary shares earnings: 2/13 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.aercap.com/investor-overview
Company Research Source: Reuters
AerCap CEO expects some airlines to be stretched by oil at $80 | Reuters Reuters Staff 1 Min Read DUBLIN (Reuters) - The head of the world’s largest independent aircraft leasing company, AerCap, said the business models of some airlines would be stretched if the oil price rises to $80 per barrel, nudging fleet planners towards newer planes. The global Brent benchmark briefly climbed above $70 per barrel earlier this month for the first time in three years. Rises in oil price tend to increase the attractiveness of new, more fuel-efficient aircraft. “No one is rushing to change their fleet strategy on the basis of it just getting towards the $70 mark,” AerCap chief executive Aengus Kelly told the Airline Economics conference in Dublin on Monday. “That being said, there is no doubt that oil at 70, airlines are still making money. Oil at 80? That’s a different proposition and things will get a lot more stretched,” he added. Reporting by Conor Humphries; editing by Alexander Smith All quo Show less Read more
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