BOC Aviation Turns Steady Profit Amid ‘Challenging’ Pandemic

BOC Aviation A320neo
Credit: Airbus
BOC Aviation pivoted to purchase and leaseback (PLB) deals in the first half of 2020 in “proactive support” of its client airlines’ liquidity, the Singapore-based lessor said Aug. 20. The lessor bought 66 aircraft in PLB deals, while reshaping its commitments with OEMs by canceling 30 orders for the...

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