Ireland-based lessor AerCap turned in a net profit of $1.04 billion on a reported basis for the year ended Dec. 31, 2016, compared to $1.17 billion for the preceding year.  Its income came from revenue of $5.15 billion, slightly down on 2015’s figure of $5.28 billion. However, the company said it had finished the year strongly, turning in a record net profit for 4Q of $364.7 million compared to $264.2 million for the year-ago period. Revenue for the final quarter of the year was ...

Subscribe to Access this Entire Article

"AerCap posts $1.04 billion profit in 2016" 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.