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Fly News Breaks for November 12, 2019
AER
Nov 12, 2019 | 06:09 EDT
Barclays analyst Mark DeVries raised his price target for AerCap Holdings to $73 from $64 and keeps an Overweight rating on the shares. The analyst left the company's investor day with a reaffirmed view on the overall air leasing environment and AerCap's competitive positioning within it. Core trends for the industry remain favorable as air traffic growth will continue to expand longer-term, doubling every 15 years, while supply should remain controlled by the manufacturers, DeVries tells investors in a research note.
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