TOKYO -- Financial service group Orix will invest more than 150 billion yen ($1 billion) to expand its fleet of aircraft for leasing operations, seeking to tap growing demand for planes amid a recovery in global travel.
Finance
Japan's Orix to spend $1bn to buy more than 50 planes for leasing
Higher fees boost business as aircraft production fails to keep up with demand
Rising fees are providing tailwinds to Orix's aircraft leasing business. © Reuters
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