An improving economy worldwide, record orders for new commercial airliners, plus an emerging market for used equipment is for now improving the aircraft leasing business. But industry analysts worry about overcapacity of new aircraft with marginal airline growth expected in some areas for the foreseeable future. "On the demand side, the developing economies are slow, but things appear to be getting better," Norman C.T. Liu, president and CEO of GE Capital Aviation Services (GECAS) said. "On the emerging side, things are slower than before." GECAS has just under $50 billion in assets. Operating leases account for $35 billion roughly; debt financing, $8 billion; and around $3 billion in spare engine leasing.
展开▼
