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AerCap doesn't expect election to hit aviation industry

Published 11/08/2016, 02:43 PM
AerCap doesn't expect election to hit aviation industry
AER
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  • AerCap (AER +0.2%) doesn't believe the result of the U.S. presidential election will disrupt growth for the aviation industry given the resilience of travel demand.
  • "What we do know is that over last two 1/2 years, we've faced an awful lot of global shocks - Ebola, Zika, the downturn in Brazil, the attempted coup in Turkey, Brexit," CEO Aengus Kelly told journalists after reporting Q3 results.
  • AerCap is seeing "a significant uptick in demand" for used aircraft as airlines seek to make better use of their capital and improve shareholder returns.

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