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1-Mar-2012 1:29 PM

Aircastle profits down in 2011

Aircastle revenue down 14% - financial highlights:

  • Three months ended 31-Dec-2011:
    • Total revenue: USD134.7 million, -14.2% year-on-year;
      • Total lease rental: USD134.3 million, -14.0%;
    • Total costs: USD120.4 million, -7.1%;
    • Net profit: USD20.2 million, -43.2%;
  • 12 months ended 31-Dec-2011:
    • Total revenue: USD527.7 million, -12.8%;
      • Total lease rental: USD526.7 million, -12.3%;
    • Total costs: USD461.5 million, -9.9%;
    • Net profit: USD65.8 million, -47.0%;
    • Total assets: USD4859 million, -7.0%;
    • Cash and cash equivalents: USD240.0 million, -18.8%;
    • Total liabilities: USD3516 million, -7.9%. [more – Original PR]

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