China’s ambitions for COMAC to rival Airbus and Boeing will probably take decades to achieve. One of the largest aircraft lessors in the world said it currently wouldn’t buy a COMAC commercial aircraft.
Airlines want more planes to meet travel demand but, with supply chains backed up, there are few new models to go around. That’s good news for aircraft lessors like Air Lease Corp.
While Air Lease's Steven Udvar-Házy believes Europe is likely to see more airline consolidation, he's uncertain that will be the case in Latin America. Watch him also discuss challenges facing companies involved in both the aircraft and electric air taxi markets.