Issue Overview

After Winter Must Come Spring

After Winter Must Come Spring

February 22nd, 2022 at 12:31 AM EST
12 min read

Issue Overview

"We are now past the inflection point," Air Lease Corp. Executive Chairman Steven Udvar-Hazy said last week. By the lessor's reckoning, CEO John Plueger noted, the inflection point occurred some time in the second half of last year, even as the world was grappling with the surges of the Delta and Omicron coronavirus variants. ALC isn't alone. Both Airbus and Boeing have notched significant orders in the last few months, as airlines rush to replace older, less fuel-efficient aircraft with newer jets. Air Canada, Air France-KLM, and Norwegian Air are just the latest airlines to think 2022 could be the "hot vaxxed summer" that last summer was meant to be.

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