Aercap's CEO: 'There is still real money to be made by prudent lessors'
Aercap's CEO Aengus Kelly talks to Aviation Finance about the point we are at in the leasing cycle, aircraft values, delivery times, post-petition leases, and the 'funding gap', and says aircraft leasing 'is still a really profitable business'. In the interview he also dismisses the idea that used aircraft, particularly narrow-bodies, are suffering from a significant fall in lease rates and value. He paints a positive picture for prudent lessors and expresses AerCap's confidence in its leases with American Airlines, currently under the protection of Chapter 11.
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