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China makes AerCap smile but aircraft deliveries are reason for concern

China makes AerCap smile but aircraft deliveries are reason for concern

by Richard Schuurman | Mar 2, 2023 | AerCap, Aerospace | 0 comments

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 today’s 2022 earnings call....
AerCap takes $2.4 billion net charge on aircraft in Russia and Ukraine

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

by Richard Schuurman | May 17, 2022 | AerCap, Aerospace | 0 comments

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...
Boeing takes $3.5 billion 787 charge and offers 777X Freighter

Boeing takes $3.5 billion 787 charge and offers 777X Freighter

by Richard Schuurman | Jan 26, 2022 | Boeing | 0 comments

UPDATE – Boeing has taken a pre-tax non-cash charge of $3.460 billion on the 787 program as deliveries remain suspended over quality issues. Abnormal costs for the Dreamliner increased by $285 million in Q4 and total approximately $2.0 billion, with most being...

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