CEOs of leasing aircraft lessors are displaying bullishness about future demand for single-aisle and widebody aircraft in spite of substantial uncertainty and negative macroeconomic factors.
Air Arabia is currently in the market for seven additional aircraft so the airline can cope with the faster-than-expected recovery of air travel demand, according to CEO Adel Ali.
As the traditional summer travel season in the Northern Hemisphere came to a close in early September, analysts who cover aerospace and defense were paying more attention to rising energy costs, especially in Europe.
Regional aircraft specialist TrueNoord has closed a new $400 million revolving warehouse finance facility, which will be used to buy aircraft and fund targeted growth.