This week’s JP Morgan 2022 Industrials Conference gave some interesting insights on how major lessors look at the current situation in Russia. The picture that emerges from this is that many key lessors don’t think that there is an imminent…
Lessor Air Lease Corporation (ALC) says it is making good progress on getting its aircraft back from Russian airlines. “We are making good headways and minimizing our exposure on a weekly basis”, Chairman of the Board Steven Udvar-Hazy said on…
Lessors and Russia: The worst case has come to pass. Despite Russia being a signatory to the Cape Town Treaty that enables the recovery of leased aircraft under normal circumstances, the war in Ukraine has resulted in aircraft leased to…
UPDATE – Lessor BOC Aviation said that eighteen aircraft with a book value of $935 million may be affected by the sanctions on Russia. It is too early to say if this means that it won’t be able to repossess these…
As if the pandemic wasn’t enough. After dealing with collapsing airlines the world over as traffic almost stopped, aircraft lessors now have to confront another crisis. And they have to do this before they fully recover from the pandemic. The…
Lessor Avolon thinks that the airline industry has reached an inflection point and is now in the re-build phase to sustained profitability. The company returned to profitability in 2021, reporting a $47 million net profit on February 8. Avolon thinks the…