Aercap Holdings N.V.

NYSE:AER   3:59:58 PM EDT
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Mergers / Acquisitions

Air Lease chairman says sees risks to Boeing 777X programme

Published: 05/09/2022 13:43 GMT
Aercap Holdings N.V. (AER) - Chairman Udvar-hazy Says New Airline Startups Hampered by Serious Pilot Shortages in U.S.chairman Udvar-hazy Says Looked at Buying Lessors, But Not Interested Unless Accretive and Price is Below Book Value.
Chairman Udvar-hazy Says More Interested in Adding More Planes Than Ore Staff.
Chairman Udvar-hazy Says Ample Firepower to Buy Lessors From Aercap Downwards But Not Interested in Deals Just for Ego Reasons.
Chairman Udvar-hazy Says More Interested in Adding More Airplanes Than More Staff.
Chairman Udvar-hazy Says Comfortable About Airbus A220, Momentum Limited by Production Capacity.
Chairman Udvar-hazy Says Every Boeing Projection on 787 Deliveries Has Turned Out to Be Unachievable, No Clear Visibility on When It Will Return.
Chairman Udvar-hazy Says Had to Cancel Some Boeing 787, Every Customer Can Cancel After 12 Months Delay.
Chairman Udvar-hazy Says Analysed Boeing 777x Freighter, Too Many Questions and Delays to Place Order.
Chairman Udvar-hazy Says May Order More Airbus A350 Freighters.
Chairman Udvar-hazy Says Never Seen Anything Like Production Paralysis on Boeing 787.
Chairman Udvar-hazy, Asked If Sees Risk to Boeing 777x Programme Due to Regulatory Problems and Delays, Says 'yes'.
Further Company Coverage: .
(reporting by Padraic Halpin and Tim Hepher).
((padraic.
Halpin@thomsonreuters.
Com;)).