Ireland-based lessor SMBC Aviation Capital saw its pre-tax profits climb to $346 million for the financial year ended March 31, 2017, up 48% compared to the previous year’s figure of $233 million. Net profit figures were not released; a spokesman said the company’s full accounts would not be filed until August. Revenue and other operating income for the financial year rose 11% to $1.2 billion (2016: $1.05 billion), driven by what the company described as investments in young ...

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