AerCap says its deal with Spirit Airlines for 36 A320neos comes with the benefit of getting aircraft sooner than it could have by ordering from Airbus.
Supply chain problems and delayed deliveries from aircraft OEMs are pushing carriers to turn elsewhere to secure sufficient capacity for long-term demand.
Airlines are currently AerCap’s biggest buyer of older airplanes, as they strive to secure enough capacity for long-term demand amid OEM production constraints.
Without the support of lessors during the pandemic, many airlines would not be around anymore. But as the industry rebounds, lessors hope for better returns.
The lessor expects issues affecting aircraft production to persist for several years, resulting in strong demand and upward pressure on lease rates and values.
