By Joe Anselmo, Michael Bruno, Matthew Fulco, Steve Trimble, Lindsay Bjerregaard, Lee Ann Shay, James Pozzi, Christine Boynton, Lori Ranson, Jens Flottau, Helen Massy-Beresford
The new Trump tariffs and trade wars could indelibly alter the global aerospace and defense industry.
Aircraft lessors have benefited from rising lease rates, but slow aircraft production expansion and shifting U.S. economic policy are making growth harder.
AerCap believes it is clear the industry continues to plan for a “lower for longer” supply environment reflected in increased lease rates and extensions.
Australia’s Alliance Aviation Services has executed two binding contracts with Scissortail Aviation and Bellinger Asset Management covering the sale of six Embraer E190 airframes.
As Russian airlines continue to look for new ways to source spares under sanctions, Aeroflot Group is looking to buy a small fleet of freighters for teardown.
While lessors have done well with lease rates surging, disrupted supply chains and other issues make normal business, let alone growth, complicated to manage.
AerCap says its deal with Spirit Airlines for 36 A320neos comes with the benefit of getting aircraft sooner than it could have by ordering from Airbus.
The largest aircraft lessors could receive more than $2B by 2025 as insurance settlements from lost business and assets in Russia pay out faster than expected.
Despite Spirit's reliance on leased aircraft, lessor specific exposure to the financially distressed airline is not large enough to raise any red flags.
AerCap CEO Aengus Kelly has rung the alarm bell on behalf of the Boeing 737 MAX customer base, which 2023 order numbers show is falling further behind Airbus.
