Hong Kong-based China Aircraft Leasing Group (CALC) posted a 2016 net profit of 638.4 million Hong Kong dollars ($82.3 million), up 67.9% from the company’s HK$380.2 million net profit in 2015. CALC’s revenues for the year totaled HK$2.4billion, up 58% over HK$1.5 billion in revenue for 2015. In 2016, CALC signed lease agreements with five airlines, increasing its client base to 16. CALC made its first forays into the Japanese and North American markets during the year with ANA ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.