Boeing sees aircraft financing getting back to pre-Covid level in 2023

Boeing foresees aircraft financing reverting to “near pre-pandemic levels in 2023″ after the re-opening of most travel markets and the projected expansion of travel in Asia to close to what it was pre-Covid. “This positive trend reaffirms that our industry’s fundamentals are strong and aircraft financiers and investors are well positioned as travel continues to recover,” said Rich Hammond, Boeing’s vice president of customer finance. The rebound would come after a trough for the industry over the 2020-22 period, which in turn followed a “high point” in 2018 and busy 2019. In a presentation, the Seattle-based manufacturer suggested industry funding