Lessors need a “strong stomach” to invest in assets like the CFM Leap and Pratt & Whitney GTF, SMBC Aero Engine Lease's managing director believes.

A “correction” may be due for lease rates on certain engines following years of increases that are no longer sustainable.

Rolls-Royce appears to have made good progress with its first engine maintenance, repair and overhaul (MRO) facility in mainland China.