Avolon: Geopolitical uncertainty and international trade tensions will define 2020

Avolon SVP commercial Steve Mason said (19-Jan-2020) he expects "geopolitical uncertainty and international trade tensions" will define 2020, but opportunity will emerge through the turbulence. According to Mr Mason, although improved airline profitability is forecast, many sizeable carriers "remain on life support". Airline capacity growth will be supported by the "still-buoyant global economy and the expanding middle class", which continue to drive long term passenger demand. For lessors, investment grade rated players with global platforms "are best positioned to seize any opportunities that may be presented". [more - original PR]