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China Aircraft Leasing Group (1848) investor relations material
China Aircraft Leasing Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Total revenue for H1 2026 rose 57.9% year-over-year to HK$3,905.6 million, with profit attributable to shareholders up 22.0% to HK$171.4 million and basic EPS at HK$0.229.
Interim dividend declared at HK$0.14 per share, a 16.7% increase year-over-year, with a payout ratio of 61%.
Fleet expanded to 163 owned aircraft as of June 2026, with a strong order book of 123 aircraft, focusing on new-generation, fuel-efficient models and premium customers.
The company maintained prudent operations and robust capital position amid global aviation market volatility and supply chain constraints.
Enhanced asset management and transaction capabilities, with significant growth in aircraft trading, management services, and aftermarket partnerships.
Financial highlights
EBITDA for H1 2026 was HK$2,421.4 million, up from HK$1,976.1 million year-over-year.
Lease income declined 2.5% year-over-year to HK$1,860.0 million, while trading income surged to HK$829.4 million.
Other income soared to HK$1,164.1 million, mainly from compensation received from lessees and government grants.
Net income from aircraft transactions dropped to HK$52.0 million from HK$226.7 million year-over-year.
Cash and undrawn committed facilities totaled HK$228.47 billion, supporting liquidity.
Outlook and guidance
Global air travel demand remains resilient, with 2026 passenger numbers expected to reach 5.1 billion and Asia-Pacific projected to lead growth at 5.1%.
Aircraft values and lease rates are expected to remain elevated due to supply chain constraints and strong fleet renewal demand.
The company will continue prudent operations, optimize fleet and customer mix, and enhance asset management capabilities.
- Profit and margins surged in 2025 despite a 3.6% revenue decline, with global expansion and strong orderbook coverage.1848
H2 2025 - Profit rose 6.7% to HK$140.5M on strong trading gains, despite lower revenue.1848
H1 2025 - Revenue up 8.7%, profit down 34.5%, fleet at 199 aircraft, strong liquidity and global demand.1848
H1 2024 - Profit attributable to shareholders surged 809.9% on record trading and robust fleet utilization.1848
H2 2024
Next China Aircraft Leasing Group earnings date
Next China Aircraft Leasing Group earnings date
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