Earl Exum, president of International Aero Engines, discusses the OEM's projections for the V2500 aftermarket in 2023 and why it is looking to develop a more diversified network of engine shops.
Lessor AerCap has placed a firm order for 15 Airbus A321-200 passenger-to-freighter (P2F) conversions with German conversion specialist Elbe Flugzeugwerke (EFW), with options for a further 15 A321P2F conversions.
The global commercial fleet will grow at an average annual clip of 3.5% through 2032 on the strength of 21,700 deliveries, while retirements will peak in 2027, a new Aviation Week forecast reveals.
Following a sustained period of lease returns and reposessions over the past 2.5 years, leasing companies identify challenges in remarketing aircraft to operators.