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AerCap concerned about new-engine reliability

The world’s biggest lessor, AerCap, is concerned about the reliability of the latest generation of engines. Powerplants need to be removed from the wing for maintenance, repair, and overhaul much sooner than expected. In the current environment of supply chain...

AerCap takes $2.4 billion net charge on aircraft in Russia and Ukraine

Lessor AerCap has taken a $2.4 billion net charge on aircraft that are still in Russia and Ukraine since February, it said on May 17. The charge is for 113 aircraft and eleven engines that are unlikely to be repossessed. AerCap takes $2.4 billion net charge on...

AerCap to make impairment on aircraft ‘lost’ in Russia

UPDATE - AerCap, the world’s largest leasing company, expects to recognize an impairment on its assets leased to Russian airlines that have not been returned following the sanctions on Russia. The exact amount hasn’t been determined, but the impairment will be...

Buying or leasing? That’s the question

Leasing of aircraft has taken a jump. Yet airlines prefer to buy them outright too. Richard Schuurman looks at the trends. Over the half a century of airliner leasing it has been a booming business. “In 1970 a half of one percent of the world’s fleet was leased. In...