Finance

AerCap CEO sees mixed Russia outlook if and when market reopens

Published by Global Banking & Finance Review

Posted on February 26, 2025

1 min read

· Last updated: January 25, 2026

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AerCap CEO sees mixed Russia outlook if and when market reopens
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(Reuters) - The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy whole aircraft or engines if and when its markets reopen, but that leasing

AerCap CEO Anticipates Russia Market Reopening Challenges

(Reuters) - The head of the world's largest aircraft leasing company, AerCap, said on Wednesday that Russia may look to buy whole aircraft or engines if and when its markets reopen, but that leasing and parts-trading would take longer to resume.

CEO Aengus Kelly also told Reuters after reporting higher 2024 income that the wider industry continued to face shortages of aircraft and engines, but that supply chains were starting to improve - albeit with question marks over certification delays.

(Reporting by Tim Hepher, Padraic Halpin, Editing by Louise Heavens)

Key Takeaways

  • AerCap CEO sees potential for aircraft purchases in Russia.
  • Leasing and parts-trading in Russia may face delays.
  • Aircraft and engine shortages persist globally.
  • Supply chains are showing signs of improvement.
  • Certification delays remain a concern for the industry.

Frequently Asked Questions

What is the main topic?
The main topic is AerCap CEO's outlook on the reopening of the Russian aircraft market and its implications.
What challenges does the industry face?
The industry faces aircraft and engine shortages, with supply chains improving but certification delays persisting.
What might Russia purchase upon market reopening?
Russia may look to purchase whole aircraft or engines when its markets reopen.

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