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4-May-2012 10:58 AM

FLY Leasing reports strong 1Q2012 results

FLY Leasing revenue doubles – financial highlights for three months ended 31-Mar-2012:

  • Total revenue: USD104.5 million, +110.4% year-on-year;
  • Total costs: USD81.5 million, +76.3%;
  • Profit before tax: USD23.0 million, +565.5%;
  • Net profit: USD20.4 million, +637.9%;
  • Total assets: USD3211 million, +0.4% when compared to period ended 31-Dec-2011;
  • Cash and cash equivalents: USD158.6 million, +93.1% when compared to period ended 31-Dec-2011;
  • Total liabilities: USD2747 million, -0.3 when compared to period ended 31-Dec-2011.
  • Portfolio: 111 aircraft, +2 aircraft when compared to period ended 31-Dec-2011;
    • A319: 20, stable;
    • A320: 29, stable;
    • A330: One, stable;
    • A340: Three, stable;
    • Boeing 717: Six, stable;
    • Boeing 737: 39, +2;
    • Boeing 747: One, stable;
    • Boeing757: 11, stable;
    • Boeing 767: One, stable. [more – original PR]

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