Lessor SMBC Half-Year Profit Up 7.5%; $1B Capital Infusion Expected

Ireland-based lessor SMBC Aviation Capital has posted a $168 million pre-tax profit for its fiscal 2018 first-half, up 7.5% on the prior year, and is preparing for a $1 billion capital boost over the coming weeks. SMBC Aviation Capital CEO Peter Barrett said that the company delivered a “solid half...

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