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Stock Market & Financial Investment News

News Breaks
January 11, 2013
09:13 EDTAERAerCap Holdings signed $1.5B in financing transactions in FY12
AerCap Holdings announced that the company signed new lease agreements for 47 aircraft, delivered 35 aircraft under contracted lease agreements, purchased 20 new aircraft, closed the sale of 70 aircraft, including the Aircraft Lease Securitisation portfolio of 50 aircraft, executed agreements for the sale of four aircraft that are still awaiting delivery, and signed financing transactions for $1.5B.
News For AER From The Last 14 Days
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April 23, 2015
17:17 EDTAERAir Lease settles AIG litigation, will pay $72M in total
In a regulatory filing, Air Lease (AL) reports that on April 22, 2015, it and certain executive officers and employees of the company entered into a settlement agreement and release with American International Group (AIG), International Lease Finance Corporation, and ILFC’s parent, AerCap Holdings (AER), to settle all ongoing litigation. Pursuant to the terms of the agreement, all claims and counterclaims asserted in the litigation will be dismissed with prejudice, each of the parties to the litigation will receive full releases of all claims and counterclaims asserted in the litigation, and Air Lease will pay AIG the sum of $36M no later than June 30, and an additional sum of $36M no later than September 30, which will be reflected in Air Lease's March 31 financial statements. No party admits any wrongdoing or liability with respect to any matter alleged in the litigation.

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