Monday, July 16, 2012

Reuters: Global Markets: AerCap says not in talks for sale; shares down

Reuters: Global Markets
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AerCap says not in talks for sale; shares down
Jul 16th 2012, 13:56

Mon Jul 16, 2012 9:56am EDT

(Reuters) - Shares of AerCap Holdings NV (AER.N) fell sharply after the aircraft lessor said it was not in discussions with any party regarding a sale.

The company's shares have run up 16 percent since last Tuesday, when aviation news portal Flightglobal.com reported that AerCap had hired Goldman Sachs to look at opportunities.

AerCap, in a regulatory filing on Monday, said it was exploring options, including a possible sale, but had not engaged any financial adviser.

The company's shares were trading down 6.5 percent at $11.92 in morning trade on the New York Stock Exchange.

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