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FLY Leasing revenue down 17.5%.

FLY Leasing reported revenue fell 17.5% in 2010, to USD253.7 million. The lessor's net profit fell 41% to USD52.7 million. Shares in FLY Leasing were down 0.2% in trading on Wednesday.

FLY Leasing financial highlights for 2010

  • Revenue: USD253.7 million, -17.5%;
    • Operating lease revenue: USD219.7 million, +2.7%;
  • Profit before tax: USD62.9 million, -44.6%;
  • Net profit: USD52.7 million, -40.9%;
  • Total assets: USD1978 million, -2.3%;
  • Cash and cash equivalents: USD164.1 million, +71.0%;
  • Total liabilities: USD1503 million, -2.4%.

Selected Lessors daily share price movements (% change): 02-Mar-2011