BOC Aviation's Earnings Likely Buoyed by Solid Demand, Tight Supply -- Market Talk

Dow Jones
03/20

0300 GMT - BOC Aviation's earnings are likely to be supported by solid aircraft demand amid a tight supply backdrop, says DBS Group Research's Jason Sum in commentary. The aircraft-leasing company expects the supply-demand imbalance to persist through the end of the decade even as aircraft makers' deliveries improve. Sum doesn't anticipate demand for new-generation aircraft to soften in a higher-fuel environment given these have better fuel efficiency. BOC Aviation's exposure to the Middle East is also limited at around 8.7% of its fleet, he adds. The company's robust balance sheet should also enable it to deploy capital into buy-and-leaseback deals or mergers and acquisitions, he says. DBS is reviewing its buy rating and HK$88.00 target price. Shares rise 1.9% to HK$78.15. (megan.cheah@wsj.com)

 

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March 19, 2026 23:00 ET (03:00 GMT)

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