Sunday September 27, 2020

AerCap unit wages soar as turnover drops 8 per cent

Turnover at the firm shrank by more than $35 million

18th December, 2016
AerCap is the global leader in aircraft leasing Pic: Pixabay

Wages at a Shannon-based subsidiary of aviation leasing giant AerCap shot up last year even as turnover at the firm shrank by more than $35 million.

The average wage of the 32 staff employed by ILFC Ireland is $324,000, a substantial rise on the average $222,000 paid in 2014, according to its latest set of accounts.

ILFC Ireland is a subsidiary of the AerCap group, which was formed in 2014 when Irish-based AerCap took over ILFC from US insurer AIG...

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