Aircastle Limited (AYR) Tops Q1 EPS by 19c
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Aircastle Announces First Quarter 2018 Results
May 3, 2018 7:31 AM EDTSTAMFORD, Conn., May 3, 2018 /PRNewswire/ --Â
Key Financial Metrics
Total revenues(1) were $202.7 million Total lease rental and finance and sales-type lease revenues were $186.9 million Net income was $57.5 million, or $0.73 per diluted common share Adjusted net income(2) was $56.8 million, or $0.72 per diluted common share Adjusted EBITDA(2) was $191.1 million Cash ROE(2) was 15.9%; net cash interest margin was 8.3%First Quarter 2018 Highlights
Acquired four narrow-body aircraft for $111 million Sold four older narrow-body aircraft for $44 million and a gain on sale of $5.8 million... More