ISTAT 2012: Lessors Express Mixed Opinions on “Mega Orders”
ISTAT lessors panel presents varied views on "mega orders"
Air Lease Corp. chairman and CEO Steven Udvar-Hazy stressed the divergent reasons for the recent "mega-orders" placed by some airlines. (Photo: Gregory Polek)
Air Lease Corp. chairman and CEO Steven Udvar-Hazy stressed the divergent reasons for the recent "mega-orders" placed by some airlines. (Photo: Gregory Polek)

The four panelists participating in the last session held at the March 19 to 20 International Society of Transport Aircraft Traders (ISTAT) conference in Scottsdale, Ariz., reacted to what CIT Group Transportation Finance president and panel moderator Jeffrey Knittel called the “mega order syndrome” with mixed but carefully considered opinions, while most attendees appeared concerned about an overreaction by Boeing and Airbus.