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Aircraft leasing companies, which own most of the world's passenger jets, face a tricky balance between risks and rewards after losing 400 planes in Russia, but have made no "knee-jerk" withdrawal
By Cirium2021-04-15T09:04:00+01:00 Major rating agencies do not expect the AerCap-GECAS merger and the sale of FLY Leasing to Carlyle Aviation Partners will lead to much further consolidation among larger rated lessors. They opined that AerCap was driven not to build scale but because it could acquire aircraft assets at a good price, during a panel discussion at the Airline Economics Virtual Growth Frontiers Tokyo conference on 15 April. “There are benefits to scale, but arguably AerCap was already on sufficient scale to have those benefits,” Mark Wasden, senior analyst at Moody’s Inv...