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AerCap Holdings N.V. (AER)

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63.94-1.07 (-1.65%)
At close: 04:00PM EST
63.94 0.00 (0.00%)
After hours: 04:37PM EST
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  • Reuters

    AerCap CEO says aircraft makers' output delays to last years

    The world's largest aircraft lessor AerCap on Monday warned that delivery problems at Boeing and Airbus were likely to last years and that manufacturers were giving airlines too little notice about delays. Over-promising and under-delivery is likely to be an issue with manufacturers "for years to come," AerCap chief executive Aengus Kelly told the annual Airline Economics conference in Dublin. "The challenge with the OEMs (original equipment manufacturers) today is the short dated nature of how they're notifying airlines of the delays," Kelly said.

  • Reuters

    UPDATE 1-AerCap CEO says aircraft makers' output delays to last years

    The world's largest aircraft lessor AerCap on Monday warned that delivery problems at Boeing and Airbus were likely to last years and that manufacturers were giving airlines too little notice about delays. Over-promising and under-delivery is likely to be an issue with manufacturers "for years to come," AerCap chief executive Aengus Kelly told the annual Airline Economics conference in Dublin. "The challenge with the OEMs (original equipment manufacturers) today is the short dated nature of how they're notifying airlines of the delays," Kelly said.

  • Reuters

    AerCap CEO predicts global air traffic at 2019 levels by mid-year

    The head of the world's largest aircraft lessor, Aercap, on Monday said he expects global air traffic to return to pre-pandemic levels by the middle of this year. Aengus Kelly said that passengers have less disposable income because of soaring inflation but the travel industry is not competing against as many other sectors for a share of that cash.