Russian Leases Erode NAC, BOC 2022 Results

BOC Aviation 737-8
Credit: Boeing
Regional aircraft lessor Nordic Aviation Capital (NAC) took $227 million in impairments in 2022—largely related to stranded Russian aircraft—while the impact on BOC Aviation stood at over $500 million. BOC Aviation recorded a $20 million net profit for 2022, marking its 29th year of profitability...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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