Lessors Post Mixed Q1 Results As COVID-19 Bites
Credit: Boeing
Three lessors—AerCap, Avolon and Dubai Aerospace Enterprise (DAE)—have released 2020 first quarter (Q1) financial results, revealing the initial impact of the COVID-19 crisis. Dublin-headquartered AerCap was alone in reporting profit growth, with net income rising 18% to $276.8 million, driven by...
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