Airlines and lessors will need to raise around $150B to pay for new aircraft deliveries in 2027 compared with around $90B this year, says BOC Aviation CEO Steve Townend. The surge reflects airline passenger growth as well as delays in delivering new Airbus and Boeing jets, and the shift to relatively more wide-bodies entering the fleet. The Chinese-controlled lessor’s 2024 estimate is down around 10% from industry forecasts at the start of the year, reflecting ongoing airframe and engine supply chain snarls expected to continue for several years.