AerCap says narrow-body market won't reach equilibrium until 2029-2030

Reuters

2024/10/30

DUBLIN, Oct 30 (Reuters) - The world's largest aircraft lessor AerCap does not expect the market for narrowbody aircraft to reach equilibrium until 2029 or 2030, CEO Aengus Kelly told analysts on Wednesday following the release of quarterly results.

Airlines will continue to use aircraft for longer and the demand for used aircraft will remain strong for a prolonged period until Boeing , Airbus and their suppliers get to grips with production issues, Kelly said.

(Writing by Conor Humphries; editing by Jason Neely)

((conor.humphries@thomsonreuters.com; +353 1 236 1915;))

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Airlines will continue to use aircraft for longer and the demand for used aircraft will remain strong for a prolonged period until Boeing   , Airbus    and their suppliers get to grips with production issues, Kelly said.  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Airlines will continue to use aircraft for longer and the demand for used aircraft will remain strong for a prolonged period until Boeing   , Airbus    and their suppliers get to grips with production issues, Kelly said.  (Writing by Conor Humphries; editing by Jason Neely)((conor.humphries@thomsonreuters.com; +353 1 236 1915;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}