Airlines are buying more and more older aircraft from lessors instead of just extending the lease contracts for a few more months or a year. AerCap is seeing this trend emerge as airlines have to wait longer for newly-built aircraft to…
Lessor Avolon has placed an order with Boeing for forty MAX aircraft, it said on April 27. The aircraft will be delivered between 2027 and 2030. Avolon hasn’t specified the variants, but it is likely that the contract offers options to…
Air Lease Corporation (ALC) has been most vocal and critical of engine makers for failing to produce engines that are reliable. At last week’s JP Morgan Industrials Conference in New York, ALC’s top management repeated that it is hugely disappointed about…
Lessor BOC Aviation is taking a cautious approach to new aircraft deliveries for this year and 2024 as it expects supply chain issues to continue to have an impact. The Singapore-based lessor has adjusted its delivery schedules to reflect the new…
AerCap is encouraged by the uptick in air travel in China in recent weeks but is less positive about how Airbus, Boeing, and Embraer continue to underperform on aircraft deliveries. CEO Aengus Kelly shared this twisted outlook for 2023 in…
Air Lease Corporation 4Q22 results