Aircraft leasing company Aircastle reported fourth quarter 2012 net income of $29.8 million, down 16.3% year-over-year. Total revenues were $176.6 million, up 12.6% from $156.9 million in the year-ago quarter. Fourth-quarter expenses were $146.6 million, up 14%. Total assets for 2012 were $5.8 billion, compared to $5.2 billion for 2011. Liabilities at the end of 2012 were $4.39 billion, up 15.5% from $3.8 billion in the year-ago period. During 2012, the company acquired 24 aircraft for ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.