Steven Udvar-Hazy, one of the founding fathers of the aircraft-leasing industry, is known for being a no-nonsense executive. In 2006 he famously talked Airbus into abandoning the previous concept for the new A350 and instead going with an all-new aircraft. “I did not design the A350, I just redesigned it,” he said later, in all modesty. When airline officials got together for this year’s International Air Transport Association (IATA) annual general assembly in Seoul, ...

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