Irish lessor SMBC Aviation Capital reported a record pre-tax profit of $344 million for the financial year, up nearly 8% from $319.4 million in the previous year. For the year ended March 31, SMBC generated $1.1 billion in revenue, placing 47 aircraft from its order book, agreeing to sales and leasebacks of 40 aircraft, and selling an additional 30. “This was a record year for revenue and profitability,” SMBC CEO Peter Barrett said. “We maintained a well-balanced and ...

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