Air Lease Corporation's Udvar-Házy: can aviation be sustainable? – 'No'

When Air Lease Corporation's Executive Chairman Steven Udvar-Házy gives his views on the aviation industry - people listen.

Asked recently by CAPA whether it was possible for the aviation industry to be truly sustainable, his answer was "No". He explained that he was not pessimistic, but the "achievability of [aviation's carbon emissions] goals is going to be very challenging".

Mr Udvar-Házy has been a well respected voice in the aviation industry for more than 50 years, through his leadership of aircraft lessors ILFC and Air Lease Corporation (ALC).

His comments were part of a wide-ranging interview with CAPA TV at the IATA AGM in Istanbul in early Jun-2023. He also discussed the industry's recovery from the COVID-19 crisis and the role of lessors in helping airlines with their fleet strategies. He reflected on challenges such as geopolitics, rising interest rates and the "OEMs' inability to deliver aircraft on time".