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AerCap says narrow-body market won't reach equilibrium until 2029-2030
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AerCap says narrow-body market won't reach equilibrium until 2029-2030
Nov 3, 2024 2:59 PM

DUBLIN, Oct 30 (Reuters) - The world's largest aircraft

lessor AerCap ( AER ) does not expect the market for narrowbody

aircraft to reach equilibrium until 2029 or 2030, CEO Aengus

Kelly told analysts on Wednesday following the release of

quarterly results.

Airlines will continue to use aircraft for longer and the

demand for used aircraft will remain strong for a prolonged

period until Boeing ( BA ), Airbus and their suppliers

get to grips with production issues, Kelly said.

(Writing by Conor Humphries; editing by Jason Neely)

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