Windfall for aircraft leasing chiefs

High-flying directors at Irish-based aircraft leasing company, Pembroke Capital, last year shared a pay pot of $4.2m (€3.34m) or an average of just under $600,000 each.

According to accounts just filed with the Companies Office by Pembroke Capital Ltd and subsidiaries, the group last year recorded a 53% increase in pre-tax profits — from $43.3m to $66.3m.

The figures show that the firm — with its Irish offices located in Limerick and Dublin — recorded the increase in pre-tax profits after revenues went up by 34% from $239.6m to $321.4m in the 12 months to the end of December last.