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BOC Aviation CEO outlines 2022 growth opportunities
April 27th 2022
BOC Aviation CEO, Robert Martin, said the recovery in international air traffic has been constrained by border controls that have featured constant changes in entry and exit restrictions between various geographies. Read More » "The removal and harmonisation of these restrictions in 2022 should support a revival in international travel demand," Martin wrote in the company's annual report. He noted commercial aircraft orders at Airbus and Boeing rose as airlines looked forward to the resumption of passenger demand growth. "Financing these, our own order book and the manufacturers’ existing backlog of deliveries, will provide growth opportunities in 2022 and beyond for our company," Martin said. "Notwithstanding positive developments in 2021, the effects of COVID on our industry and on our airline customers remain challenging."