AerCap reports USD207m profit


AerCap labeled 201 an outstanding year, with the carrier completing its milestone merger with Genesis Lease and ending the year with a profit of USD207.6 million. Shares in AerCap closed 0.6% lower in trading yesterday.

AerCap Holdings financial highlights:

  • Three months ended 31-Dec-2010:
    • Revenue: USD397.7 million, +38% year-on-year;
    • Lease revenue: USD270.8 million, +63%;
    • Net profit: USD72.4 million, +68%;
  • 12 months ended 31-Dec-2010:
    • Revenue: USD1834 million, +83%;
    • Lease revenue: USD960.8 million, +48%;
    • Net profit: USD207.6 million, +26%;
    • Total assets: USD9601 million, +42%;
    • Total cash: USD626.9 million, +94%;
    • Total liabilities: USD7383 million, +38%.

Selected Lessors daily share price movements (% change): 24-Feb-2011

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