Singapore's BOC Aviation is the latest aircraft lessor to clear its books of aircraft stranded in Russia. The lessor wrote off $804 million for the aircraft, pushing it to a $313 million net loss for the six months ended June 30. Write-downs aside, BOC Aviation (BOC) had a successful first half of the year (1H 2022), with revenue up by 8% to $1.196 billion, compared to $1.11 billion in 1H 2021.
Read More Here: Stranded Jets In Russia Cause BOC Aviation To Write Down $800 Million | SimpleFlying.com
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