Originally Posted by FriendlyPilot

Aercap said in its recent financial report it has a backlog for 335 planes. The idea that "not all will find a home" is ridiculous. Aercap will have those planes placed immediately. The idea they will get "pennies on the dollar" is ridiculous. Just because some US based ULCCs don't want the planes, there are other airlines in the world that need them and will take them as soon as they are available. Been to Asia recently? GDP growth is 4-5% throughout much of Asia. Southern and Eastern Asia is literally boomtown for airlines right now. That's where those planes will end up.