KBRA sees good times ahead for lessors as travel revival rolls on

The post-lockdown resurgence of air travel demand is likely to continue into 2023, according to Kroll Bond Rating Agency (KBRA), which said the aircraft leasing industry looks set to do well as manufacturers struggle to make enough new aircraft. “In 2022, aircraft lessors benefited from the recovery in global passenger traffic driving strong demand for aircraft which, together with constrained supply, has supported higher utilisation and lease rates,” KBRA in a new report. “Established lessors with strong liquidity and new lessors with committed growth capital have seized on a favourable underwriting environment, achieving attractive long-term leases during the recovery and