Aircraft lessor fleet falls disproportionately; lease rates plummet

Analysis of the CAPA Fleet Database shows that the COVID-19 crisis has had a proportionately bigger impact on numbers of leased aircraft in service than on the total fleet in service. Moreover, it is likely that aircraft monthly lease rates are down even more than aircraft values since the start of the crisis.

The CAPA Masterclass on 15-Jul-2020 will consider the current state of the aircraft finance sector in the COVID-19 crisis and its prospects in the recovery.

It will feature Steven Udvar-Házy , Executive Chairman of Air Lease Corporation, and a leading figure in aviation for more than 40 years; Bertrand Grabowski, independent advisor and former board member of DVB, where he was responsible for the bank's aviation activities and rail financing; and Peter Harbison, Chairman Emeritus of CAPA - Centre for Aviation.

Topics will include the aircraft supply/demand balance, the outlook for values and lease rates, the relative importance to lessors of the aircraft versus the airlines, and lessors' access to funding.

Consideration of the aircraft finance sector's prospects necessarily includes all the factors affecting the aviation industry. The Masterclass will be vital viewing for anyone interested in the outlook for aviation.

Summary:

• Lessors' share of (the reduced number of) aircraft in service has dropped. Of all aircraft, 46% are now in service, but only 43% of leased aircraft.
• Monthly aircraft deliveries are starting to recover, but remain low. Deliveries of leased aircraft are particularly low.
• Aircraft values have dropped during the crisis. Lease rates have fallen further.

View more here: https://centreforaviation.com/analysis/reports/aircraft-lessor-fleet-falls-disproportionately-lease-rates-plummet-530864