Aircraft leasing and finance firm’s profits almost double to €39.3m

PRE-TAX profits at Irish aircraft leasing and finance company, Pembroke Capital, almost doubled last year to $52.8 million (€39.3m), new figures show.

Accounts just filed with the Companies Office by Pembroke Capital Ltd and subsidiaries show that the company increased its pre-tax profits by 86% after revenues climbed 36% from $158.9m to $216.4m in the 12 months to the end of December last.

The directors have recommended the payment of a $57.7m dividend that they say is not reflected in the 2010 accounts.