Tuesday, May 15, 2007

UPDATE 1-AerCap quarterly profit rises on stronger revenue

(Reuters) - The Dutch company, based at Amsterdam's Schiphol Airport, reported a first-quarter profit of $60.5 million, or 71 cents a share, compared with $35.5 million, or 45 cents a share, in the year-ago quarter.

The company, which leases planes and engines and provides aircraft management services, said for the latest quarter sales revenue was $148.9 million, 48 percent of the total revenue, compared with $33.2 million in the year-ago quarter.


Read more at Reuters.com Market News

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