Boeing exec suggests lessors’ aircraft ownership share peaking

Aircraft leasing companies’ share of aircraft ownership could be about to top out at around 50%, according to a Boeing executive. Speaking on the sidelines of the Airline Economics Growth Frontiers conference in Dublin, Darren Hulst, Boeing vice president commercial marketing, said there were “a lot of reasons for optimism” in the industry. Boeing and rival manufacturer Airbus have seen orders for new aircraft build up in recent years, with late-2022 statements by both acknowledging respective backlogs of over 4,000 and over 7,000. Demand for new aircraft has picked up in the wake of the dispensing in 2022 of most