Dahlman Rose Maintains Buy, $16 Target on AerCap Holdings

Dahlman Rose remains rated Buy on AerCap Holdings

with a $16 price target on lease growth expected for 2012. Dahlman Rose comments, "AerCap expects its fleet to grow by 17 aircraft in 2012 and by 21 aircraft in 2013. The majority of the growth will be due to the delivery of B737-800's to American Airlines. In 2012, AerCap is intending to deliver 11 B737-800's to American and to deliver 15 in 2013. AerCap is in the market to add a similar size deal in 2012 and believes its balance sheet is able to accommodate another deal of this size." AER closed at $12.89 a share on Wednesday.