SMBC Aviation Capital reports H1 performance

SMBC Aviation Capital has reported profit before tax of $94.2 million for the half year ended 30 September 2021, compared to $17.3 million in H1 FY20, with performance reflecting the continued improvement in the sector environment. SMBC Aviation Capital stated that its expects the improving trend to continue on the back of “recovering airline and investor demand for our aircraft, as well as the positive impact of the high quality transactions we have closed over the past 18 months”. During the half year period, the lessor placed 31 aircraft from Airbus A320 NEO and Boeing 737 MAX order books, sold