Aircraft lessor and asset manager Orix Aviation is buying UK-headquartered aftermarket specialist AerFin to expand into engine, component and end-of-life aircraft services.
Aircraft lessors have benefited from rising lease rates, but slow aircraft production expansion and shifting U.S. economic policy are making growth harder.
Demand for leased aircraft and very high lease rates will not go out of style soon, major lessors say, amid airline capacity needs and manufacturer output woes.