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B&B Air post strong Q2 result

07 August 2009

Net income increases to $14.0 million in “another positive quarter” for the Dublin-based lessor

Read more: B&B Air Babcock & Brown Air Babcock & Brown Nomura Q2

Shares in Babcock & Brown Air (B&B Air) jumped after the company posted a net income of $14.0 million for the second quarter, up from the $11.1 million for the same period last year. Earnings per share were $0.46, compared to $0.33 per share last year. Total revenues for the quarter were $64.5 million, compared to $57.2 million last year.

Operating lease revenue for the period, however, declined...


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