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AerCap Holdings (AER) CEO Aengus Kelly says a "vast" amount of overordering could leave Boeing...

AerCap Holdings (AER) CEO Aengus Kelly says a "vast" amount of overordering could leave Boeing (BA) and Airbus (EADSY.PK) with too many planes built as buyers decide to pare back. The aircraft-leasing exec questions whether smaller carriers such as Lion Air and Norwegian Air Shuttle bit off more than they can chew with their recent mega-sized orders.
Comments (1)
  • Often, airlines and others will place orders to obtain a delivery position on equipment that they will then resell later for a premium. It is possible that some of these large orders by small airlines contain positions that will be sold or used as bargaining chips during negotiations with competitors. Or they could be the result of "irrational enthusiasm".
    23 Feb 2012, 08:31 AM Reply Like
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