BOC Aviation's Managing Director and CEO, Steven Townend, outlined the company's strategies for sustaining earnings momentum. He highlighted the challenges posed by increasing funding costs and the persistent impact of high fuel prices on airline customers. Townend also addressed the ripple effects of ongoing supply chain issues, which continue to affect aircraft deliveries.
This discussion comes as BOC Aviation reported strong financial results for the first half of 2026, with a net profit after tax of $357 million, a 4% increase from the first half of 2025. Total revenues and other income reached $1.3 billion, also up 4% from the prior year period. The company also announced an interim dividend of $0.1799 per share, reflecting a 22% increase compared to the same period last year and an increased distribution guidance of 40% of NPAT.
BOC Aviation's total assets grew by 6% to $27.8 billion, with $2.3 billion invested in capital. The company maintained robust liquidity with $6.0 billion in undrawn committed credit facilities and $319 million in cash and cash equivalents. Its core lease rental contribution hit a record $388 million for the first half of the financial year, with a cash collection rate of 99.2% from airline customers.
