Singapore-headquartered lessor BOC Aviation has announced a record $587 million net profit for the full year ended Dec. 31, 2017, marking a 40% increase on the prior year. BOC Aviation MD and CEO Robert Martin said the company ended the year “in its best condition ever, with liquidity, balance sheet and earnings outlook deliberately structured for expansion.” Revenue and other income for the year was up 17% at $1.4 billion, while total assets rose 19% to $16 billion. During ...

Subscribe to Access this Entire Article

"BOC Aviation eyes expansion as 2017 net profit up 40%" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.