AerCap Holdings reports 2Q2016 results

AerCap Holdings revenue down 7% - financial highlights:

• Three months ended 30-Jun-2016:
• • Total revenue: USD1240 million, -7% year-on-year;
  • • Lease revenue: USD1177 million, -5%;
    • • Basic lease rents: USD1106 million, -5%;
      • Maintenance rents and other receipts: USD70.9 million, +2%;
  • Net profit: USD230.6 million, -25%;
• Six months ended 30-Jun-2016:
• • Total revenue: USD2558 million, -3%;
  • • Lease revenue: USD2467 million, stable;
    • • Basic lease rents: USD2246 million, -3%;
      • Maintenance rents and other receipts: USD221.3 million, +60%;
  • Net profit: USD453.7 million, -27%;
  • Total assets: USD42,923 million;
  • Total cash: USD3007 million;
  • Total liabilities: USD34,508 million. [more - original PR]

AerCap Holdings: "AerCap reported another strong quarter, delivering earnings per share of USD1.22 on a reported basis and USD1.53 on an adjusted basis. Since completing the ILFC acquisition in May 2014, we have generated USD2.3 billion of net income, reduced our net debt by USD3.1 billion and returned over USD1.25 billion of capital to our shareholders through share repurchases," Aengus Kelly, CEO. Source: Company statement, 09-Aug-2016.