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China banks pilot jet lessors in chase of US$228b market

Beijing aims to create own global champions; BOC Aviation set for US$3b IPO, the industry's biggest

A BOC Aviation Airbus. China's lessors can be hampered by a lack of management talent, experience and industry connections - ties which can smooth over everything from marketing a plane once a lease comes to an end, to lessening the impact of a client airline's bankruptcy.


FRESH from taking on the world in financial services, China's cashed-up banks are targeting a bigger slice of the surging global aviation market, beefing up affiliates bent on supplying planes to airlines around the planet.

Chinese lenders have grown big in traditional...