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22-Feb-2013 10:54 AM

Aircastle profits decline in 2012

Aircastle revenue up 13% – financial highlights:

  • Three months ended 31-Dec-2012:
    • Revenue: USD176.6 million, +12.5% year-on-year;
      • Lease rental: USD158.1 million, +5.5%;
      • Maintenance revenue: USD16.2 million, +35.5%;
    • Profit before tax: USD31.7 million, -15.4%;
    • Net profit: USD29.8 million, -16.4%;
  • 12 months ended 31-Dec-2012:
    • Revenue: USD686.6 million, +13.4%;
      • Lease rental: USD623.5 million, +7.5%;
      • Maintenance revenue: USD53.3 million, +44.3%;
    • Profit before tax: USD40.7 million, -69.2%;
    • Net profit: USD32.9 million, -73.6%;
    • Total assets: USD5812 million, +11.2%;
    • Cash and cash equivalents: USD618.2 million, +109%;
    • Total liabilities: USD4397 million, +15.1%. [more – original PR]

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