Aercap is the largest aircraft lessor, giving it a role as industry bellwether. “AerCap continued its strong performance during the first quarter. Our business is performing very well, and the demand for our aviation assets remains robust,” said Aengus Kelly,…
India’s DGCA announced the de-registration of 54 aircraft in the first fleet following a decision by the Delhi High Court. The court directed that the lessors and their authorized representatives undertake all maintenance tasks related to the aircraft up to…
With the first third of the year completed, here is our preliminary assessment of new deliveries. Asia-Pacific has picked up now that MAX deliveries are occurring. Based on the preliminary numbers, deliveries might come in under 2023 levels—of course, that…
News is emerging from Asia that Air China has ordered 100 C919s in a deal valued at $10.8 billion (based on list prices), The initial media reaction reports this boosts the home team against Airbus and Boeing. Well, sort of.…
Airbus announced lower-than-expected operating profits and cash flow. The OEM had previously announced hiring more staff to prepare for rising aircraft demand, reaffirming its 2024 financial targets. Airbus also announced a higher target rate for the A350 program, from 10…
The summary per the airline states: Net loss of $231 million, or $0.39 loss per diluted share Net loss, excluding special items, of $218 million, or $0.36 loss per diluted share Record first quarter operating revenues of $6.3 billion Liquidity of $11.5 billion, well in excess of debt…