25-Feb-2011 11:57 AM

AerCap profits jump in 4Q2010

AerCap Holdings revenue up 38% - 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%. [more]

AerCap: “2010 represents an outstanding year for AerCap marked by several noteworthy financial achievements. We ended fiscal year 2010 with USD627 million of cash, which when combined with the financing commitments positions AerCap to benefit further from the recovery of the global aviation sector,” Keith Helming, CFO. Source: AerCap, 24-Feb-2011.

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