Aviation financing industry not fully recovered, says BOC Aviation CEO

THE airline and leasing industries bruised by the pandemic have largely recovered – but not aviation financing, said Steven Townend, chief executive officer (CEO) of aircraft leasing company BOC Aviation.

Also, while the Indian aviation industry may be full of potential, the country’s smaller capital markets mean bigger airlines would need to tap international funding to pay for their huge aircraft orders.

“The airline industry has come back,” said Townend at the Aviation CEO Forum on Tuesday (Feb 20). “The leasing industry has come back. But a lot of the financing and capital markets that backed away from aviation during the last two or three years haven’t yet come back in the same way.”