China Needs to Order Hundreds More Planes, Avolon CEO Says

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  • Surging middle class to drive China, Asia air travel growth
  • China's Bohai Leasing closed $7.6 bln Avolon deal Sunday

What's Driving the M&A Among Aircraft Lessors?

China, which needs $1 trillion worth of aircraft over the next twenty years, has under-ordered by some 750 planes over the next decade, the chief executive officer of lessor Avolon Holdings Ltd. said, suggesting more orders lie ahead for Boeing Co. and Airbus Group SE.

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