Leased aircraft expected to grow to 50% by end of decade

Stephen Costley March 13, 2013

Leased aircraft are expected to grow from 38% to 50% of the world’s total fleet by the end of the decade, according to CIT’s Jeff Knittel, who chaired a very bullish panel of aircraft lessors on Tuesday at the ISTAT Americas 2013 conference in Orlando. Air Lease Corp. chairman and CEO Steven Udvar...

Stephen Costley

Steve Costley is responsible for the overall production SpeedNews. Steve has over 30 years of experience with SpeedNews, now part of the Aviation Week Network. He joined the company in August 1989 as an Associate Editor and was named Managing Editor in 1994. He was also named Vice President and Chief Operating Officer of SpeedNews, Inc., in the late 1990s, and held those titles until Prism Business Media acquired the company from Gil Speed in 2006.

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