Sign-up to receive weekly Commercial Aviation email updates with news, commentary, photos, videos and more!
Comprehensive insight, context and analysis of technologies, business developments and operational trends in every segment of global aviation and aerospace.
Every business day, Aviation Daily's exclusive market data, detailed legislation/regulation information, and critical business intelligence keeps executives ahead of their competition.
Check out our new page dedicated to the latest developments related to safety & audit in the global aviation industry.
Access news, white papers, special reports and more from Aviation Week and ARGUS.
Aviation Week is proud to announce its new Innovation Special Topic page supported by Booz Allen Hamilton.
Check out articles, white papers, interactive features and more related to aviation, aerospace and defense innovation.
Flying Boeing 787
Qatar Airways 787
In advance of its launch of the Airbus A320NEO (new engine option), several leasing companies had signalled they were not in love with the concept, in part over concern what the impact would be on residual values of the existing fleet.But Kostya L. Zolotusky, the managing director of capital markets development at Boeing Capital says the view is stronger than that. The NEO "is opposed by every source of commercial aircraft finance," he argues. "It is universal, we have never seen anything like that."The lease rates and residual value of the A320 have been slipping in recent months, he adds. Whereas a few months ago lessors were hunting for 737 and A320 sale-and-lease back deals, he says the market is now more cautious about the Airbus single aisle product.There's more to the comments, though, than mere entertainment value. Zolotusky may be giving an interesting insight into Boeing's internal deliberations on what, if anything, to do with the 737. Boeing's reluctance to consider a 737NEO appears at least partly driven by concern it could upset the important leasing customer community.If lessors warm to the A320NEO, it may sway Boeing as it defines its own narrowbody product strategy.
tw99, NEO, Airbus, Boeing
Copyright © 2013, Aviation Week, a division of McGraw Hill Financial.