In this episode of the Aviation Global Leaders podcast, Steven Townend, CEO of BOC Aviation, offers an in-depth look at the factors driving 2024’s aviation resurgence. He explores Asia’s rapid return to pre-pandemic demand levels, domestic travel strength in China, and the ongoing supply chain issues affecting aircraft deliveries. Townend discusses the rise in lease rates driven by supply-demand imbalances and the influence of current interest rates on financing. He also highlights BOC Aviation’s strategic resilience, with a majority of its fleet made up of the latest generation aircraft, and growing interest from European and Chinese equity investors. Looking ahead, he anticipates an increase in aircraft deliveries in 2025, with a cautiously positive view despite industry constraints. Tune in to hear Steven’s expert take on the path forward for BOC Aviation and the global aviation market.