Aircastle Limited (AYR) Tops Q1 EPS by 10c

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Go back to Aircastle Limited (AYR) Tops Q1 EPS by 10c

Aircastle Announces First Quarter 2016 Results

May 4, 2016 7:30 AM EDT

STAMFORD, Conn., May 4, 2016 /PRNewswire/ --

Key Financial Metrics

Total revenues were $183.7 million for the first quarter of 2016 Total lease rental and finance lease revenues were $183.1 million Net income was $36.3 million, or $0.46 per diluted common share Adjusted net income was $44.1 million, or $0.56 per diluted common share Adjusted EBITDA was $183.9 million for the first quarter Cash ROE was 15.2%; net cash interest margin was 8.8%

First Quarter 2016 Highlights

Secured nearly $700 million in new unsecured financing Sold twelve aircraft... More