Amid Airline Order Boom, Lessors Slow Down on Aircraft Purchases

Steven Udvar-Hazy (left) holding poster with Christian Scherer (center) and John Plueger (right) with model aircraft in front

Air Lease Corp.’s President Steven Udvar-Hazy (left) and CEO John Plueger (right) helped launch the A321XLR in 2019 with Christian Scherer (center), who was then Airbus chief commercial officer. While airlines are placing large aircraft orders now, Air Lease Corp. and other lessors have a wait-and-see attitude.

Credit: A. Doumenjou/Airbus
Nordic Aviation Capital set a precedent for the industry in May. The lessor placed an aircraft order committing to buying seven Airbus A321neos. It was the first direct order from Airbus or Boeing by any lessor in 2024. While Aviation Capital Group followed July 15 with a commitment for 35 Boeing...
Jens Flottau

Based in Frankfurt, Germany, Jens is executive editor and leads Aviation Week Network’s global team of journalists covering commercial aviation.

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