DUBLIN, Aug 11 (Reuters) - The head of the world's largest
aircraft lessor said leasing is growing much faster than he had
expected before the COVID-19 pandemic and predicted that 65% of
all aircraft deliveries will probably end up in the leasing
Lessors, who buy new aircraft both directly from the
manufacturers and indirectly by taking over airline commitments
in sale-and-leaseback deals at he time of delivery, currently
control more than half the world's fleet of aircraft.
AerCap AER.N Chief Executive Aengus Kelly said this would
be boosted by expected further delays in planemaker deliveries.
"There is no question that leasing is growing much faster
than I had expected before the pandemic," Kelly told an analyst
call after the company's second-quarter results.
(Reporting Padraic Halpin, editing by Tim Hepher)
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