DVB Bank SE, the German lender planning to make $2.3 billion of aircraft loans this year, may shun Airbus SAS’s re-engined A320 because of concerns about resale values.
The value of A320 NEOs may drop “significantly” once next-generation single-aisle aircraft begin entering the market, which could happen within a decade, Bertrand Grabowski, the board member responsible for aviation at the Frankfurt-based bank, said today in an interview in Singapore.
“Why do you propose to the market an aircraft which is going to be an interim arrangement?” Grabowski said. “That’s bizarre.”
More than half of the......
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