BOC Aviation record net profit

BOC Aviation has recorded a net profit after tax (NPAT) of $20 million lower than the $561 million in 2021, due to the impact of the Russia-Ukraine conflict. The 2022-NPAT included a write-down of aircraft in Russia, which negatively impacted net profit after tax by $507 million. BOC Aviation reported core net profit after tax at $527 million, excluding the impact of the write-down of aircraft in Russia. “Our core earnings and core EPS of $527 million and $0.76 respectively were little changed from the $561 million and $0.81 that we reported in 2021, despite losing $90 million in lease