AviaAM Leasing reports €80,8 million revenue, profit growth in 2016

AviaAM Leasing, a Warsaw Stock Exchange listed aircraft leasing company, has announced its financial results of 2016 recording significant increase in business volumes – company’s revenue tripled to €80,8 million, operating profit jumped by 75% from €13,9 million in 2015 to €23,1 million in 2016. Net profit grew from €9,1 million to €16,1 million. The company credits its rapid growth to the increase in aircraft trading and leasing activities. Additionally, last year AviaAM Leasing grew its presence in the Asian market. The company established a joint venture together with Henan civil aviation development and investment company (HNCA) – AviaAM Financial