Deutsche Bank Downgrades Aircastle Limited (AYR) to Hold
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Aircastle Announces First Quarter 2016 Results
May 4, 2016 7:30 AM EDTSTAMFORD, 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
