Singapore-headquartered lessor BOC Aviation’s net profits rose 5.8% year-over-year (YOY) to $620 million in 2018, marking a record year for the company. During the 12 months ended Dec. 31, 2018, BOC’s turnover was up 23% YOY at $1.7 billion. Costs rose more slowly, up 22.5% at $1.7 billion, delivering a 24% pre-tax profit increase that hit $685 million. “We also delivered a return on equity of 15.5%, above our 12-year average return on equity of 15%,” BOC Aviation ...

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