Capital Lease Aviation: Unaudited Results Announcement for the Year Ended 30 June 2014

Capital Lease Aviation PLC (LSE: CLA), the aircraft leasing company, today announces unaudited financial results for the Company and its subsidiaries for the year ending 30 June 2014.

Highlights:
• Revenue from continuing operations up 14.0% to US$12,350,000 (2013: US$ 10,835,000)
• Net Assets up 5.6% to US$ 47,578,702 (2013: US$ 45,068,658)
• Total liabilities decreased by 13.6% to US$45,421,952 (2013: US$52,600,183)
• Total assets of US$ 93,000,654 (2013: US$ 97,668,841)
• Profit for the financial year of US$ 2,755,427 (2013: US$ 4,041,666)
• EPS (fully diluted) of 2.83 cents (2013: 4.13 US cents)

Jeff Chatfield, Executive Chairman, said:
“The Company has delivered growth in revenue and net assets. The Company concluded long term lease extensions for two key aircraft during the year that secure a long term future revenue stream. The Company will now look to optimize the debt and capital structure in the short term with a view to enhancing profitability and providing a solid growth platform to support further additions to the fleet.”