AerCap Holdings and Aircastle Ltd., two midsized operating lessors, each reported solid third-quarter financial results and cited positive signals pointing toward a market recovery. Aircastle, headquartered in Stamford, Conn., posted a 14.2% rise in net income to $33.5 million from $23.6 million in the year-ago period. CEO Ron Wainshal said, "Operating performance during the third quarter was excellent, with utilization at almost 100% and with unrestricted cash building to $132 million at ...

Subscribe to Access this Entire Article

"AerCap, Aircastle post third-quarter profits, see signs of recovery" 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.