This is one of the more odd items we’ve seen in a while.
Southwest Airlines, the launch customer for the 737 MAX, believes that entry-into-service could be earlier than the current target of 4Q2017. Boeing would like to shift EIS sharply to the left, as early as 2016, but this will depend entirely on the engine development of the CFM LEAP-1B.
But lessor AerCap told The Wall Street Journal the MAX may not arrive until 2019.
We find AerCap’s prediction to be incredibly pessimistic, even allowing for the history of the recent Boeing programs.
Nothing we’ve heard yet suggests AerCap might be correct. We believe it way too soon to draw any conclusions that the MAX will be early or late. AerCap has not ordered the airplane.