13-May-2011 10:52 AM

Air Lease Corp: No B737 decision expected until late this year

Air Lease Corp Chairman and CEO Steven Udvar-Hazy stated he does not expect a decision from Boeing on the future of its narrowbody programme until "the B787 revenue stream is established" (MarketWatch, 12-May-2011). Boeing is due to deliver its first B787 to All Nippon Airways in Sep-2011. Mr Udvar-Hazy expects Boeing will skip the chance to offer new engines on the B737NG, opting instead to develop an all-new aircraft.

Air Lease Corp: “My view is that large airlines will not make large long-term commitment to the A320neo family until they see what Boeing's going to do,” Steven Udvar-Hazy, Chairman and CEO. Source: Reuters, 12-May-2011.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More