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Air Lease Corporation reports profit growth in 2Q2013

9-Aug-2013 11:09 AM

Air Lease Corporation revenue up 31% – financial highlights:

  • Three months ended 30-Jun-2013:
    • Revenue: USD207.9 million, +31.4% year-on-year;
    • Rental of flight equipment: USD206.3 million, +33.1%;
    • Profit before tax: USD66.3 million, +51.1%;
    • Net profit: USD43.0 million, +52.6%;
  • Six months ended 30-Jun-2013:
    • Revenue: USD399.9 million, +37.5%;
    • Rental of flight equipment: USD396.4 million, +38.2%;
    • Profit before tax: USD128.0 million, +49.7%;
    • Net profit: USD83.0 million, +50.6%;
    • Total assets: USD8440 million;
    • Cash and cash equivalents: USD234.3 million;
    • Total liabilities: USD6029 million. [more - original PR]