Capital Lease Aviation makes quiet debut.

Investors Chronicle - magazine and web content, February, 2008

Capital Lease Aviation's Fokker planes receive a hefty valuation. Nigel Bolitho

How short can a meaningful financial statement possibly be? There seems to be no rules governing this matter, but a three-page interim statement from Capital Lease Aviation seems modest by any standards - particularly so, given there's no room for a tax charge, credit or estimate.

Capital Lease Aviation (CLA) is a spin-off organised by Jeff Chatfield, who runs the regional West Australian airline - Skywest Airlines (formerly known as Advent Air). It provides scheduled services to 16 locations including Kalgoorlie, Monkey Mia and Port Hedland and is planning to add extra services to Bali in Indonesia. Soaring raw material prices have been driving business levels, and has...

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