Financial Round Up
Record profit at BOC Aviation
March 16th 2015
Singapore-based aircraft lessor, BOC Aviation, hit a new record after-tax net profit of $309 million in the financial year ended December 31, 2014. Read More » It maintained strong liquidity with $367 million in total cash and fixed deposits, and more than $2.4 billion in committed revolving debt facilities. BOC ended the year holding a portfolio of 250 aircraft, comprising 230 owned and 20 managed aircraft, which it leased to 60 airlines in 31 countries with a utilization rate exceeding 99%.
