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Why Shares in AerCap Surged 48% in November

Why Shares in AerCap Surged 48% in November

Shares in aircraft leasing company AerCap (NYSE: AER) surged 48% in November, according to data provided by S&P Global Market Intelligence. First, the positive news flow on the development of COVID-19 vaccines gives support to the idea that the commercial aviation industry will return to normalcy at some point in the future. Second, the rescinding of the order grounding the Boeing 737 MAX is another positive for aircraft leasing companies.