China Must Open for Asia Travel Rebound, Biggest Jet Lessor Says
A traveler at Beijing Daxing International Airport.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
AerCap Holdings NV, the world’s largest aircraft leasing firm, is “very optimistic” people will travel in large numbers once borders open up and believes that will apply equally to Southeast Asia, which is currently lagging the rest of the world, according to Chief Executive Officer Gus Kelly.
Travel in the U.S. is already back to around 80% of pre-pandemic levels and in Brazil and South America, that figure was about 90% before Christmas, “so the rest of the world is moving on,” Kelly said in an interview from Bangkok with Bloomberg TV Thursday.