Bohai Leasing released its 2026 half-year results. In the first half, it achieved operating revenue of 23.663 billion yuan and net profit attributable to the parent of 3.204 billion yuan, up 258.73% year on year. Net profit after deducting non-recurring items was 1.828 billion yuan, up 179.79% year on year. The company is one of the world's top three aircraft leasing companies, with a fleet of 1,146 aircraft, an overall utilization rate of about 100%, and a weighted average lease rate of 10.74%, up 23 basis points from the end of 2025. Subsidiary Avolon holds orders for 503 aircraft, and 80% of the aircraft scheduled for delivery by the end of 2028 already have leases in place. S&P, Fitch, and Moody's rate Avolon at BBB, BBB, and Baa2 respectively, all with stable outlooks. The company's total interest-bearing debt was 170.346 billion yuan, down 9.624 billion yuan from the end of 2025, and its asset-liability ratio was 80.24%, down 1.02 percentage points from the end of 2025.
Bohai Leasing Co LtdFirst-half net profit attributable to parent surged 258.73% year on year, with strong operating metrics and reduced debt.
