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14-Feb-2020 10:19 AM

AerCap reports double digit profit growth in 4Q and FY2019

AerCap Holdings reported (13-Feb-2020) the following financial highlights: 

  • Three months ended 31-Dec-2019:
    • Total revenues: USD1257 million, +3% year-on-year;
      • Lease revenue: USD1195 million, +4%;
        • Basic lease rents: USD1062 million, +1%;
        • Maintenance rents and other receipts: USD132.5 million, +30%;
      • Net gain on sale of assets: USD48.6 million, +19%;
    • Net profit: USD313.5 million, +34%;
  • 12 months ended 31-Dec-2019:
    • Total revenues: USD4937 million, +3%;
      • Lease revenue: USD4682 million, +3%;
        • Basic lease rents: USD4281 million, +3%;
        • Maintenance rents and other receipts: USD401 million, +2%;
      • Net gain on sale of assets: USD188.8 million, -6%;
    • Net profit: USD1167 million, +15%;
    • Total assets: USD43,749 million;
    • Lease assets: USD37,930 million;
    • Cash and cash equivalents: USD1121 million;
    • Total liabilities: USD34,367 million. [more - original PR]

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