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By Jamie Freed
SINGAPORE, Aug 29 (Reuters) – Asia’s second-biggest aircraft lessor, BOC Aviation Ltd, posted a 13 percent rise in half-year net profit but its CEO warned of a potential fall in industry yields from next year as lessors globally absorb more aircraft deliveries.
“There is going to be some downward pressure,” Chief Executive Robert Martin said in a phone interview with Reuters. “We are pretty much placed for next year already. For us, that will affect us in 2019.”
Its net lease yield remained steady at 8.5 percent as its fleet of owned and managed aircraft grew to 297 a…
Read the full article at: http://www.nasdaq.com/article/aircraft-lessor-boc-aviations-ceo-sees-oversupply-risks-to-industry-20170829-00292