AerCap posts $1.04 billion profit in 2016

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...

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