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Article: Aircastle Announces Third Quarter 2008 Results.
- Article from:
- PR Newswire
- Article date:
- November 7, 2008
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Third Quarter Highlights
-- Total revenues of $144.5 million and net income of $23.6 million, or $0.30 per diluted share
-- Adjusted net income(1) of $35.0 million, or $0.45 per diluted share in Q3 2008
-- Adjusted net income plus depreciation(1) of $87.0 million, or $1.12 per diluted share
-- Closed a $206.6 million, five year term debt facility for a portfolio of nine aircraft
-- Weighted average fleet utilization during Q3 2008 was 99%
Financial Results