
Alex Derber
Journalist at Freelance
Editor at Aviation Week
Contributor at Inside MRO - Aviation Week & Space Technology
Articles
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2 weeks ago |
aviationweek.com | Alex Derber
LONDON—AerCap has won its claim against its insurers for the loss of 116 aircraft and 23 engines leased to Russian airlines and not returned following the invasion of Ukraine in 2022. The claim was heard alongside those of five other lessors, but with AerCap acting as the lead claimant given the...
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2 weeks ago |
aviationweek.com | James Pozzi |Alex Derber |Antoine Fafard
Aviation Week's team share insights into the engine leasing market following the recent gathering of lessors and financiers at the ELTF Europe conference. Don't miss a single episode. Subscribe to Aviation Week's MRO Podcast in Apple Podcasts, Spotify or wherever you get podcasts. Discover all of our podcasts at aviationweek.com/podcasts.
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3 weeks ago |
aviationweek.com | Alex Derber
LONDON—Although the portfolio of SMBC Aero Engine Lease (SAEL) now comprises 75% new-technology engines, its managing director believes that lessors need a “strong stomach” to invest in assets like the CFM Leap and Pratt & Whitney geared turbofan (GTF) due to the lack of clarity and visibility into overhaul costs and time on wing.
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3 weeks ago |
aviationweek.com | Alex Derber
LONDON—A “correction” may be due for lease rates on certain engines following years of increases that are no longer sustainable, attendees at the Engine Leasing, Trading and Finance Europe conference in London heard. Bobby Janagan, managing director of engine lessor Rolls-Royce & Partners Finance, says that cost increases—from items like leasing, maintenance and interest rates—could no longer be absorbed by airlines, which meant little room for further engine lease rate growth.
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4 weeks ago |
aviationweek.com | Alex Derber
Rolls-Royce appears to have made good progress with its first engine maintenance, repair and overhaul (MRO) facility in mainland China, which looks set to start operations ahead of schedule. State news outlet China Daily reported that Beijing Aero Engine Services (BAESL), a joint venture between...
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