May 26th 2022: The strong performance by AerCap, despite its Russian difficulties, is a testimony to the timing of its transaction with GE to acquire GECAS. Taking a $2.4 billion charge in Q1 it has covered itself in full and from here, with insurance claims already lodged, the only way is up. And the shake-up it initiated at the top of the leasing sector has continued, with SMBC Aviation Capital returning to number two, in terms of scale, through its acquisition of Goshawk.