Pre-tax profits at AerCap Ireland down 38%

PRE-TAX profits at a Dutch- owned Shannon-based aircraft leasing company decreased by 38% to $45 million (€32.8m) in 2009.

On Friday last, AerCap Ireland unveiled its new offices at Westpark Shannon where its presence at Shannon has increased from nine in 2003 to 54 today showing the firm expanded last year by employing an additional seven.

AerCap Ireland Ltd chief executive Tom Kelly said: “The move to the new state-of-the-art facilities in Westpark is an exciting step in the further growth and development of AerCap and in particular AerCap’s Shannon operations.”