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GA Telesis’s CEO, Abdol M., warned that hundreds of aircraft could be heading to the part-out market by 2028 and 2030 as aircraft OEMs are forecasted to significantly increase their delivery output. “By 2028 I think we're going to see a major influx of aircraft in those years, Boeing and Airbus will be delivering over 300 aircraft a year, and we're going to see those aircraft coming into market. By 2030 all hell breaks loose. So, this is just a delay.” Not everyone is convinced that the part-out market will see an extreme number of aircraft retirements, or that this will necessarily translate into an abundance of LLP parts. Tommy Hughes, CEO at VAS Aero Services, argued that many of the engines set to be parted out had limited cycles left on their LLPs as airlines squeezed out as much use as they could today. Speaking with Ishka, Simon Goodson, AerFin’s CEO, argued that the projected "bow wave" of aircraft retirements may not materialize as expected, as airlines are extending leases for four to six years rather than returning completely run-out aircraft. The result of more extensions, argues Goodson, is that more engines will have to undergo full performance restorations. Airlines do appear better at managing older aircraft to cope with current market conditions. Another panellist David Chaimovitz, CEO at Setna iO, explained that one major US operator described ‘30 as the new 24’ i.e. that airlines that might have opted to retire an aircraft at 24 years were now looking to extend their operations to 30 years. Read Editor Dickon Harris' latest Insight to find out more➜ https://shorturl.at/BNEAh #aviationfinance #airlines #lessors #investors #aircraft #values