15/07/2016

Brexit Part II: Weaker sterling impacts airline order books

Following Brexit, the GBP is down 14% against the US$, reaching a 31-year exchange rate low of 1.2798. Currency devaluation will impact traffic, but a weaker pound also means airlines may have to pay more for aircraft purchases. Our analysis suggests that among the airlines operating out of the UK, Jet2 appears to be one of those more vulnerable to a weaker pound. Sustained currency weakness may lead it to defer some of its planned deliveries.

More related insights:

Azul boss wants “fast” Avianca Brazil deal as lessors seek to reclaim aircraft

Azul’s acquisition of Avianca Brazil’s aircraft leases and airport slots needs to be closed “fast” in the next 60 days if the struggling Avianca spin-off wants “business". more

22/03/2019

in Lessors and Lease Rates , Airline Profiles

Jet Airways faces repossession crisis

Jet Airways has reached a critical juncture in the negotiations for its survival with potential rescuers Etihad and the State Bank of India (SBI) locking horns as more aircraft are grounded. more

20/03/2019

in Lessors and Lease Rates , Airline Profiles

ISTAT: CDB Aviation chief argues this is the “beginning of the downturn”

A panel of leasing CEOs from GECAS, SMBC Aviation Capital, CDB Aviation and Air Lease Corporation debate whether the aviation finance industry is entering a downturn. more

18/03/2019

in Lessors and Lease Rates , Aircraft Finance Market

Comments:

Sign in to post a comment. If you don't have an account register here.