Strong liquidity is evident in the aviation capital markets as AerCap issues notes twice in just three weeks to raise a total of $2.5 billion while Air Lease Corporation enjoys strong support for offerings from a swathe of leading institutional investors; John Slattery, Embraer’s chief executive of Commercial Aviation, is to succeed David Joyce as president and chief executive of GE Aviation; Signs of stress continue however in airline markets as an IATA survey suggests travellers are becoming more reluctant to return to the skies with IATA DG de Juniac warning that airlines will need further State aids to get through this winter; the war of words between OEMs and some airlines over order cancellations.