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Aircastle (AYR)
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AYR
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Comparison of the year ended December 31, 2006 to the year ended December 31, 2007:
This excerpt taken from the
AYR 10-K
filed Mar 2, 2009.
Comparison of the year ended December 31, 2006 to the year ended December 31, 2007:
Year Ended
December 31,
(Dollars in thousands)
2006
2007
Revenues:
Lease rental revenue
$
169,199
$
362,497
Amortization of net lease discounts and lease incentives
4,406
7,379
Maintenance revenue
Total lease rentals
173,605
369,876
Interest income
9,038
10,400
Other revenue
209
815
Total revenues
182,852
381,091
Expenses:
Depreciation
53,424
126,403
Interest, net
49,566
92,660
Selling, general and administrative
27,836
39,040
Other expense
1,261
2,081
Total operating expenses
132,087
260,184
Other income (expense):
Gain on sale of aircraft.
Other income (expense)
1,154
Total other income (expense)
1,154
Income from continuing operations before income taxes
50,765
122,061
Income tax provision
4,845
7,658
Income from continuing operations
45,920
114,403
Earnings from discontinued operations, net of income taxes
5,286
12,941
Net income
$
51,206
$
127,344
52
Table of Contents
"Comparison of the year ended December 31, 2006 to the year ended December 31, 2007:" elsewhere:
Orbitz (OWW)
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