3-Mar-2016 3:41 PM

Jackson Square Aviation says cycle is changing for narrowbody leases

Jackson Square Aviation head of marketing Chris Dailey, speaking at the CAPA Airline Fleet & Finance Summit 2016, said (03-Mar-2016) the cycle is changing for narrowbody leases at present "because airline profitability has been trending for three years." Mr Dailey explained: "As profitability increases they can fund deliveries more effectively… We've seen narrowbody deliveries trend down over the last year, so more like 40% leased just because of the availability of other capital sources." Mr Daily noted: "I think there will be a slight slowdown in the overall rate of penetration of leasing companies but I expect over the long term to sit around 45% or above."

Want More News Like This?

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