Aircastle Limited (AYR) Tops Q1 EPS by 7c
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Aircastle Announces First Quarter 2019 Results
May 2, 2019 7:30 AM EDTSTAMFORD, Conn., May 2, 2019 /PRNewswire/ --Â
Key First Quarter 2019 Financial Metrics
Total revenues were $213.9 million Total lease rental and direct financing and sales-type lease revenues were $189.7 million Net income was $34.8 million, or $0.46 per diluted common share Adjusted net income(1) was $39.6 million, or $0.52 per diluted common share Adjusted EBITDA(1) was $199.3 million Cash ROE(1) was 11.8%; net cash interest margin was 7.3%First Quarter 2019 Highlights
Acquired fourteen narrow-body aircraft for $444.7 million; committed to acquire twelve additional narrow-bodies for $385 million Sold four older... More