SMBC Aviation Capital annual revenue passes USD1bn for the first time

SMBC Aviation Capital financial results for the fiscal year ended 31-Mar-2016:

• Revenue: USD1046 billion, +15% year-on-year;
• Operating profit: USD530 million, +22%;
• Aircraft assets: USD10.2 billion, comprising 297 owned and 145 managed aircraft. [more - original PR]

SMBC Aviation Capital: "We have continued to expand our business across the world, particularly in Asia, which is a testament to both the strength of our strategy as well as our position as a global leader in this sector. We are optimistic about our growth prospects over the longer term. The continuing support of our shareholders, combined with our focus on our customers and providing them with the most technologically advanced aircraft, mean that we are well positioned to drive future growth." Peter Barrett, CEO. Source: SMBC Aviation Capital, 19-Jul-2016.