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Financial

Emirates Group achieves record profit in 2010-11

The Emirates Group has marked its 23rd consecutive year of profit with a record performance of AED 5.9 billion (US$ 1.6 billion) net profit, despite a challenging business climate. The 2010-11 Annual Report of the Emirates Group – comprising Emirates Airline, dnata and their subsidiary companies

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ATSG reports net earnings of $2.8 million for first quarter

ATSG reported that pre-tax earnings from continuing operations were $4.6 million, compared with $10.8 million in the first quarter of 2010. Adjusted pre-tax earnings from continuing operations totaled $11.4 million, up 57% from $7.2 million during the first quarter of 2010. Net earnings were $2.8 million compared with $7.2 million in the year-earlier quarter. Revenues

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AerCap reported first quarter net income of $72.1 million

AerCap recorded a first quarter 2011 net income of $72.1 million, compared with net income of $34.4 million for the same period in 2010. First quarter 2011 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $75.3 million, compared to net income of $46.7 million in the first

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Aircastle Limited reports first quarter results

Aircastle Limited reported first quarter 2011 net income of $42.7 million and adjusted net income of $32.9 million. Lease rental revenue for the first quarter was $141.1 million, up by $11.0 million, or 8%, year-over-year. Total revenues for the first quarter were $157.9 million, up by $27.4 million year-over-year. EBITDA for the first quarter was

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AerCap reported first quarter net income of $72.1 million

AerCap recorded a first quarter 2011 net income of $72.1 million, compared with net income of $34.4 million for the same period in 2010. First quarter 2011 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $75.3 million, compared to net income of $46.7 million in the first

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Aircastle Limited reports first quarter results

Aircastle Limited reported first quarter 2011 net income of $42.7 million and adjusted net income of $32.9 million. Lease rental revenue for the first quarter was $141.1 million, up by $11.0 million, or 8%, year-over-year. Total revenues for the first quarter were $157.9 million, up by $27.4 million year-over-year. EBITDA for the first quarter was

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