Speaking at the Istat conference in Munich Steven Udvar-Hazy, CEO of Air Lease Corp threw a spanner in the works with the statement that “upgraded versions of Airbus and Boeing jets would offer only limited benefits and create higher costs for airlines”. Udvar Hazy derided the whole re-engineing programme because he said it would potentially drive up costs for airlines because of a lack of commonality with their existing single-aisle fleets. The new planes would also be heavier and more expensive. “When I look at all issues and complexities, it’s hard to see a meaningful benefit to the industry other
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