Asia-Pacific Aerospace Briefs Today
August 15th 2022
Today's briefs report news from AerCap and ST Engineering. Read More »
AerCap has reported its net profit rose 36% to US$340 million in the three months to June 30. “The strength in passenger demand, coupled with supply constraints across the industry, is resulting in a favourable leasing environment,” AerCAP CEO, Aengus Kelly, said.
ST Engineering’s net profit declined 5%, to S$280 million, in the first half of calendar 2022 as a result of a challenging operating environment, CEO, Vincent Chong, said.