China Aircraft Leasing reports strong interim profit growth, optimizes fleet

China Aircraft Leasing Group Holdings Limited reported its interim results for the six months ended June 30, 2025, with total revenue reaching HK$2,405.2 million. Profit attributable to shareholders increased by 6.7% to HK$140.5 million, while operating profit saw a substantial 75.9% rise to HK$481.0 million. Basic earnings per share were HK$0.189, up 6.8% from the previous year. The board declared an interim dividend of HK$0.12 per ordinary share.

The group actively optimized its fleet through trading, recognizing a net gain of HK$294.7 million from the disposal of 19 aircraft and two engines. Total assets remained stable at HK$58,612.8 million. As of June 30, 2025, the fleet comprised 151 owned aircraft, with an average age of 8.6 years and an average remaining lease term of 5.7 years, maintaining a 100% utilization rate for its owned fleet (excluding one aircraft in Russia).

Furthering its asset optimization strategy, on August 27, 2025, the group's wholly-owned special purpose vehicle entered an aircraft sale and purchase agreement for one Airbus A321-200 aircraft. This transaction, expected to complete by November 30, 2025, is a qualified aircraft leasing activity, underscoring the group's ongoing efforts to enhance its financial position and market responsiveness.