UTair stated it expects to report a 21.4% year-on-year jump in revenue to RUB40,428 million (EUR953.7 million) and a triple in net profit to RUB661.9 million (EUR15.6 million) in 2010 (Russian Transport Daily Report, 22-Nov-2010). The carrier however, expects a 9.8% decline in EBITDA to RUB2,850 million (EUR67.2 million) during the period.
UTair expects 2010 net profit to triple
You may also be interested in the following articles...
State of the Market; Global aircraft leasing continues its international shift from west to east
Aviation leasing continues to see a favourable outlook, growing rapidly in both size and importance. The sector is enjoying a combination of easily available funding at low interest rates and strong lease yields, while it’s airline customers benefit from record profits, lower fuel costs and strong air travel demand.
Fleet Report & Outlook 2017
Oriel reviewed its piece written in Jan-2016 and many of its thoughts panned out during 2016. In particular, the growing gap between the values of aircraft sold naked and those transacted with a lease in place. In Oriel’s opinion, this gap has reached unprecedented levels as new lessors and investors seeking yield have fuelled a value bubble for aircraft with leases attached.