Farnborough 2012 Wrap: Aircraft lessors to the fore

It may have been Boeing's turn to shine at this year's major European air show, at Farnborough, handsomely out-selling Airbus with orders and commitments for 396 aircraft versus Airbus' 115 new sales and commitments, but it was the prominence of aircraft lessors in the order-making that was the real talking point.

Aircraft lessors were prominent during the 2012 Farnborough International Airshow, accounting for approximately 46% of the commitments and pledges disclosed from 09-Jul-2012 to 12-Jul-2012 covering 627 aircraft. Removing the 150 aircraft order announced during the event by United Airlines in Chicago on 12-Jul-2012, lessors represented nearly 61% of the business agreements tabled at the show. Leasing company customers Air Lease Corporation, GECAS, ALAFCO and Avolon announced orders and commitments at the show for 220 737 family airplanes.