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BOC Aviation posts record profit for 2013

Year also marks the firm's 20 years of profitability

BOC Aviation reported a record net profit of US$277 million for the year ended Dec 31, 2013, up 23 per cent year-on-year, marking 20 years of profitability. The aircraft leasing firm, which is wholly owned by the Bank of China, said that its total assets at the end of last year stood at US$10.2