CALC increases revenues in H1 2019

China Aircraft Leasing Group Holdings Limited (CALC) has revealed that revenues reached HK$1.67 billion, an increase of 3.9%, for the six months ended 30 June 2019. CALC’s profit for the period amounted to HK$312.4 million, or an increase of 1.5%. During the period, the group delivered five new aircraft to airlines and took redelivery of an aged aircraft which was then sold to its associate company Aircraft Recycling International Limited (ARI). As of 30 June, CALC had 115 owned aircraft, with 227 aircraft in its order book to be delivered by 2023. During the first six months of 2019, the group