BOC Aviation has placed three Boeing 747-8 freighters with new customer Atlas Air and signed sale-and-leaseback deals for 15 new Airbus A320neos with Frontier.
The Singapore-based lessor forecasts business conditions for the aircraft leasing industry will continue to be strong, particularly in the Asia-Pacific region.
The largest aircraft lessors could receive more than $2B by 2025 as insurance settlements from lost business and assets in Russia pay out faster than expected.
Demand for leased aircraft and very high lease rates will not go out of style soon, major lessors say, amid airline capacity needs and manufacturer output woes.
