Ireland-based lessor SMBC Aviation Capital has posted a $168 million first-half pre-tax profit, up 7.5% on the prior year, and is preparing for a $1 billion capital boost over the coming weeks. SMBC Aviation Capital CEO Peter Barrett said that the company delivered a “solid half-year performance” for the six-month period to Sept. 30, driven by the company’s core operating-lease business. “This performance again proves the strength of our strategy which has been ...

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