Air finance summit tackles jet shortages amid China travel thaw

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Reuters UK

By Tim Hepher and Joanna Plucinska DUBLIN (Reuters) – Financiers at the centre of a $200 billion industry underpinning airline fleets are meeting in Dublin this week, gambling that China’s decision to free travel will accelerate their recovery from a pandemic downturn, while warning of a shortage of jets. Three years after the spread of COVID-19 grounded thousands of airliners, demand for air travel is booming again, boosted by Beijing’s decision last month to unwind its zero-COVID policies. In a report on Monday, the world’s second-largest aircraft leasing company, Chinese-owned Avolon, predi…

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