Ascend by Cirium delivered a presentation in an Airline Economics Webinar on Friday 27 March which included a slide that analyzed operating lessor OEM backlog and highlighted known and unknown lease placements for 2020 and 2021 deliveries.
To be clear, the aircraft labelled as unplaced (and scheduled for delivery in 2020 and 2021 according to the Cirium Fleets Analyzer database) are those aircraft that Cirium estimates will be delivered to the relevant operating lessors over the stated period but where Cirium has no knowledge of a contracted customer placement.
Since we are not party to confidential lessor firm backlog, there is a risk that we have overstated availability for lessors.
In particular, it has been brought to our attention that the situation shown for AerCap varies significantly from that stated in their most recent (November 2019) investor presentation when we understand they explained the requirement to place only three aircraft from their 2020 OEM delivery schedule with customers and a further 15 such aircraft in 2021.
DISCLAIMER: The material and information contained is for general information purposes only. You should not rely upon the material or information as a basis for making any business, legal or any other decisions. Cirium disclaims all warranties, express or implied, including but not limited to warranties of performance, merchantability or fitness for a particular purpose. In no event will Cirium, its affiliates or the partners, agents or employees thereof be liable to you, your clients or anyone else for any decision made or action taken in reliance on the information on the presentation or for any consequential, special or similar damages, even if advised of the possibility of such damages.
