AerCap CEO sees mixed Russia outlook if and when market reopens
AerCap CEO sees mixed Russia outlook if and when market reopens
Published by Global Banking and Finance Review
Posted on February 26, 2025
Published by Global Banking and Finance Review
Posted on February 26, 2025
(Reuters) - The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy whole aircraft or engines if and when its markets reopen, but that leasing and parts-trading would take longer to resume.
CEO Aengus Kelly also told Reuters after reporting higher 2024 income that the wider industry continued to face shortages of aircraft and engines, but that supply chains were starting to improve - albeit with question marks over certification delays.
(Reporting by Tim Hepher, Padraic Halpin, Editing by Louise Heavens)
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