Aircraft cancellations begin mounting
Lease rates are falling, aircraft cancellations are mounting, and airlines are considering further capacity cuts. The prospects for Airbus and Boeing to end the year without white tailsâ€”aircraft coming off the production line with no customer â€”look increasingly bleak. In January, Airbus and Boeing saw cancellations outpace orders. International Lease Finance Corp. founder Steven Udvar-Hazy projects Airbus and Boeing may have to trim output 35% to adapt to the market. Udvar-Hazy has ...
ACCESS THIS PREMIUM CONTENT
"Aircraft Makers Start to Feel Airlinesâ€™ Pain" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…