Aircraft leasing finance firm sees €627m profits

A SHANNON-based aircraft leasing finance company recorded pre-tax profits of $900.6 million (€627 million) last year.

This makes US-owned GE Capital Aviation Funding — with no employees — one of the most profitable public and private limited companies in the country.

The pre-tax profit of $900m to the end of December last is a 2.7% increase on the $876.5m pre-tax profit recorded in 2009.