IBA Sees Pandemic Generating Glut of Aircraft for Lease | Aviation International News

IBA Sees Pandemic Generating Glut of Aircraft for Lease

Lessees prepare to return more than 1,000 commercial aircraft without “clear options” for onward placement.

By Gregory Polek • Senior Editor

September 21, 2020

The commercial aircraft leasing market appears headed for considerable turmoil in 2021 as lessors prepare for the return of more than 1,000 aircraft without clear options for onward placement, according to aviation consultancy IBA. In a recent webinar, IBA outlined how before the start of the pandemic operators planned to return about 1,300 aircraft, including 200 widebodies, to their lessors in 2021. IBA said it believes that, while those operators would likely have extended the majority of those leases, that option now appears extremely unlikely.

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