Irish-headquartered lessor AerCap has posted a $1.02 billion net profit for the 2018 financial year, 5.6% down on its $1.08 billion prior-year net profit. Revenue for the year was 5% down at $4.8 billion. Basic lease revenue was down just 1%, but maintenance rents fell 25% and other income narrowed by 35%, causing the 5% overall decline. However, costs also fell by 4% to $3.6 billion, partly offsetting the lower revenue total, but still resulting in a reduced full-year net profit. AerCap ...

Subscribe to Access this Entire Article

"AerCap posts 5.6% full-year net profit dip on lower revenue" 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? ATWPlus@penton.com.

Already registered? here.