Aercap Ceo Sees Mixed Russia Outlook if and when Market Reopens
The head of AerCap, the world's largest aircraft leasing company, has expressed skepticism about Western companies returning to Russia's aircraft leasing market, citing strict approval requirements from the US and EU. Any business with Russia would need to be vetted by these authorities, making it a complex and uncertain prospect. The CEO also noted that demand for used assets, such as engines or individual aircraft, might drive sales in Russia.
- This nuanced outlook on Russia's re-emergence as an aircraft leasing hub highlights the complexity of navigating sanctions, regulatory hurdles, and supply chain challenges in a rapidly changing global landscape.
- What role do you think international cooperation and standardization initiatives will play in rebuilding trust and facilitating trade with Russia in the years to come?