Boeing is systemically important to both the US and global economy and will eventually emerge from its latest crisis but it will “take years” for undersupply of widebody and narrowbody aircraft to unwind, according to the chief executive of Dublin-based Avolon, one of the world’s largest jet lessors.
Boeing is systemically important to both the US and global economy and will eventually emerge from its latest crisis – but it will “take years” for undersupply of widebody and narrowbody aircraft to unwind, according to the chief executive of Dublin-based Avolon, one of the world’s largest jet lessors.
The amount of losses being claimed in a London court case from insurers by a growing slate of international aircraft lessors, including those based in Ireland, has swelled to £13bn (€15bn) from £6.8bn in just the last four months, the Irish Independent understands.
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Indian budget carrier IndiGo is in talks with both Boeing and its current supplier Airbus to order more than 500 passenger jets, potentially smashing an in..