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Lessors continue to attract equity investors

01 December 2006

Read more: IPO; AERCAP; CEBERUS

Equity capital markets are looking up again for the aviation industry. Three successful initial public offerings (IPO) in four months shows the public's appetite for aviation companies is returning. AerCap, the Dutch aircraft and engine lessor, and Spirit AeroSystems Holdings, the world's largest supplier of airliner components to Boeing and Airbus, are the latest aviation shares to make their stock market debuts.

AerCap successfully closed a $600 million IPO on the New York Stock Exchange (NYSE). The lessor's shares opened almost 10% higher than their offering price of $23 per share....


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