AerCap Holdings reports record EPS in 1H2013

AerCap Holdings revenue down 2% - financial highlights:

• Three months ended 30-Jun-2013:
• • Total revenue: USD247.0 million, -2% year-on-year;
  • • Lease revenue: USD229.8 million, -7%;
    • • Basic lease rents: USD219.5 million, -7%;
    • Maintenance rents and other receipts: USD10.3 million, -18%;
    • Net gain on sale of assets: USD10.5 million, +1400%;
  • Net profit: USD75,689 million, +156%;
• Six months ended 30-Jun-2013:
• • Total revenue: USD429.9 million, -4%;
  • • Lease revenue: USD456.6 million, -9%;
    • • Basic lease rents: USD432.4 million, -8%;
    • Maintenance rents and other receipts: USD24.2 million, -19%;
    • Net gain on sale of assets: USD21.5 million, +5275%
  • Net profit: USD143,139 million, +51.3%;
  • Total assets: USD8973 million;
  • Total cash: USD404.3 million;
  • Flight equipment held for operating lease: USD7897 million;
  • Total liabilities: USD6698 million. [more - original PR]

AerCap Holdings: "Our record EPS number for the first half of 2013 is the result of the rigorous application of our core principles. It is this combination of highly disciplined aircraft acquisitions and disposals as well as a long term stable liability structure that has enabled us to return USD420 million to our shareholders, obtain an investment grade rating and generate record earnings," Aengus Kelly, CEO. Source: Company statement, 06-Aug-2013.