1-Nov-2013 10:32 AM
Aircastle losses widen in 3Q2013
Aircastle revenue down 2% - financial highlights for three months ended 30-Sep-2013:
- Total revenue: USD170.1 million, -1.6% year-on-year;
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- Lease rental revenue: USD161.1 million, +1.0%;
- Finance lease revenue: USD3.5 million, +17.2%;
- Maintenance revenue: USD12.9 million, +18.2%;
- Amortisation of lease premiums, discounts and lease incentives: USD9.7 million), +42.4%;
- Profit (loss) from continuing operations before income tax: (USD75.2 million), compared to a loss of USD44.1 million in p-c-p;
- Net profit (loss): (USD74.6 million), compared to a loss of USD45.8 million in p-c-p;
- Total assets: USD5805 million;
- Cash and cash equivalents: USD238.2 million;
- Total liabilities: USD4205 million. [more - original PR]