16-May-2011 11:48 AM

ALAFCO net profit increases five-fold in 1HFY2011

Aviation Lease and Finance Company (ALAFCO) revenue up 39% - financial highlights for the six months ended 31-Mar-2011:

  • Revenue: USD93.9 million, +39% year-on-year;
  • Net profit: USD92.1 million, +408%;
  • Total assets: USD2082 million, +25%;
  • Shareholders equity: USD441.3 million, +22%;
  • Aircraft delivery: seven. [more]

* Based on the conversion rate KWD1 = USD3.62582

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More