Dublin-based lessor AerCap posted a $234.2 million net profit for the first quarter of 2019, down 11.7% from $265.4 million in the year-ago period. Net income was held back by a “significantly lower” sales volume during the quarter compared to 1Q 2018, the company said. That resulted in a lower net gain on the sale of assets, partially offset by higher lease rents. Total revenue dipped 1% to $1.2 billion. Lease revenue rose 4% to $1.16 billion, “primarily due to the ...

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