News
BOC Aviation reports 76% lift in interim net profit
August 19th 2024
BOC Aviation has reported net profit of US$460 million for the six months to June 30 2024, up 75.9% from US$261.6 million in the same six-month period in 2023. Read More » Revenue rose 10.7% to US$1.2 billion, BOC Aviation said in a regulatory filing. “We have produced our best-ever first half earnings in 2024 and have built on the record annual earnings generated in 2023,” BOC Aviation CEO, Steven Townend, said. “With a strong pipeline of aircraft scheduled for delivery over the balance of the year and US$5.5 billion of available liquidity we are confident in the outlook for the second half.” The Singapore-headquartered company said it had a total fleet of 680 aircraft owned, managed and on order at June 30.
