The State Of Engine Leasing In 2021

IndiGo jet
GE Capital Aviation Services forged a purchase/leaseback arrangement with IndiGo for 14 Leap-powered Airbus Neo aircraft. Delivery of seven A320neos and seven A321neos is scheduled between the fourth quarter of 2021 and mid-2022.
Credit: GECAS
The past year saw massive fleet groundings in the wake of the COVID-19 crisis. While many MRO providers found work in aircraft restoration services and areas such as freighter maintenance, workloads were sharply reduced. One major casualty was a drop in scheduled engine maintenance, with carriers...

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