AerCap Holdings reported net income of $34.4 million for the first quarter ended March 31, up 14.8% compared to income of $30 million in the year-ago period. Excluding the impact of mark-to-market interest rate caps, net income jumped 48.2% to $46.7 million from $31.5 million last year. During the quarter, the Amsterdam-based operating lessor completed its acquisition of Genesis Lease in an all-stock transaction. Total revenue rose 75.6% to $364 million, which AerCap said was mainly ...

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