By Bjorn Fehrm
January 22, 2020, ©. Leeham News, Dublin: The yearly Air Finance Journal conference finished its second day with a Q&A with the top executives of the Leasing industry.
The Leasing companies buy 40% of all new airliners from the likes of Airbus and Boeing, to later rent them to the airlines on a monthly basis.
With 40% of all new aircraft delivered to these companies, their view on where we are in the cycle and what are the main challenges facing air transport is important.
The main topics during the three-day conference are the state of the airlines, the ease or difficulty to finance the purchase of $50bn of aircraft per year and the growing issue of air transport and the environment.
June 19, 2019, Paris: Here are the orders and commitments from Day 3 of the Paris Air Show, via Airfinance Journal.
June 18, 2019, © Leeham News: As the Paris Air Show prepares for Day 3 (June 19, Paris time), eyes will be on Boeing to see whether another commitment for the 737 MAX will be forthcoming.
Headlines the first day were split between Boeing’s early morning briefing in which executives apologized for the fatalities on the Lion Air and Ethiopian crashes, sympathies to their families and disruptions to the airlines for the groundings and the Airbus launch of the A321XLR.
Tuesday’s headlines belonged to Airbus until 4:30pm when International Airlines Group, the parent of British Airways, Iberia, Aer Lingus, Vueling and LEVEL, announced a commitment for 200 MAX 8s and MAX 10s.
If any such order was to come at the air show, observers expected it to be from Ryanair, whose CEO Michael O’Leary already had publicly endorsed the MAX and said he could order more.
June 17, 2019, (c) Leeham News: Here are the orders and commitments for Day 1 of the Paris Air Show, courtesy of Airfinance Journal.
Jan. 28, 2019, © Leeham News: There are too many airliner orders for the future demand, says a leading aviation consultant.
No, there aren’t, says the leading industry salesman, now retired.
These opposing views emerged at the Airfinance Journal Dublin conference last week.
Adam Pilarski, the consultant from the US firm Avitas, said a recession is on the horizon.
John Leahy, the former COO Customers from Airbus, said overbooking orders is a good thing.
Jan. 28, 2019, © Leeham News: Launch by Boeing of the New Midmarket Aircraft (NMA) is pretty much a given, despite a still undecided business case, say people on the sidelines of the Airfinance Journal’s Dublin 2019 conference.
Here is a potpourri of information picked up at the conference, which is attended by about 2,000 people.
Jan. 22, 2019, © Leeham News: Rolls-Royce sees an “addressable” market for the Middle of the Market Aircraft at between 4,000 and 5,000 over 20 years—the same size Boeing sees.
But at the Airfinance Journal annual conference today in Dublin, an executive declined to be specific about the details of this assessment.
Jan. 22, 2019, © Leeham News, Dublin: Rolls-Royce faces an uptick in Boeing 787s that may become “aircraft on the ground” (AOG) as inspections of Trent 1000s spike in the coming months.
But Richard Goodhead, SVP Marketing, Rolls-Royce, says the worst is behind the company and the airlines—even though it will be a few years before engine part replacements are fully integrated into the global fleet.
There are more than 100 Boeing 787 Trent 1000 customers. About 20 have issues.
Jan. 17, 2019, © Leeham News: Airbus is planning performance improvement packages for the A220, intended to shave operating costs off an airplane that already beat performance promises.
The PIPs, as the upgrades are known, are common among all airliners. In this case, the PIPs were under study by Bombardier long before Airbus acquired a 50.01% stake in the C Series program last year.
While financially-strapped Bombardier may have been able to find the money to execute, giant Airbus has no problem doing so.
Pontifications: The Airbus North America Tour
By Scott Hamilton
Jan. 21, 2019, © Leeham News: Last week’s Airbus North America Tour (#AirbusNATour on Twitter) was a whirlwind 2 ½ days encompassing Montreal Mirabel, Columbus (MS) and Mobile (AL).
To those who don’t follow Airbus Americas closely, the Mississippi stop might be a puzzle. I’ll come back to this to explain why an international group of media, including me, made this trek.
Let’s start with Montreal.
Posted on January 21, 2019 by Scott Hamilton
Airbus, Airfinance Journal, Bombardier, CSeries, Leeham News and Analysis, Leeham News and Comment, Pontifications
A220, A319, Air Canada, Airbus, Airbus helicopters, Alain Bellemare, Bombardier, C Series, Leeham News and Analysis, MRTT