AerCap Holdings N.V. reports first quarter net income of $34.4 million

Air Cap released that first quarter 2010 net income was $34.4 million, compared with net income of $30.0 million for the same period in 2009. First quarter 2010 net income excluding the impact of the mark-to-market of interest rate caps and share-based compensation was $46.7 million, compared to net income of $31.5 million in the

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Southern Air and MASkargo sign multi-year wet lease agreement

Southern Air and Malaysia Airlines Cargo (MASkargo) have entered into a multi-year, multi-aircraft wet lease agreement. Southern Air initially will provide MASkargo with three Boeing 747 Freighter aircraft along with crew, maintenance and insurance. MASkargo also has an option to lease up to five aircraft, which will provide it additional flexibility to meet its customers’

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Lufthansa closes first quarter 2010 with operating loss of EUR 330 million

The Lufthansa Group closed the first quarter 2010 with revenue of EUR 5.8 billion (previous year: EUR 5.0 billion) and an operating loss of EUR 330 million (previous year: operating loss of EUR 44 million). The net loss for the period came to EUR 298 million (previous year: net loss of EUR 267million). The result

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