Production rates and lease payments

Airbus and Boeing have it in their power to take significant pressure off of the market by collapsing production rates and slowing the entry of aircraft into the market. The continuing delays in the MAX aircraft return to service has allowed airlines and lessors with the aircraft on order to reallocate those resources to store up cash reserves in the fight for survival in the post-COVID-19 environment. Boeing’s production rates are not a concern for now, but Airbus is still running at 40 A320neos per month. Admittedly that is down from 60 but 40 aircraft per month only two years