Monday, April 11, 2011

Most airlines taking cautious approach to next gen aircraft

Despite overwhelming concern for fuel supply and costs, most airlines surveyed by a joint CIT/Forbes study indicated that they are likely to take a wait-and-see approach to how the next generation aircraft perform before making a commitment.

CIT Transportation Finance President Jeff Knittel discussed the survey during a recent media briefing at the International Society of Transport Aircraft Traders conference (ISTAT). In the survey, 68% of those surveyed said they would wait and see how new aircraft perform while 32% would be the first to acquire or lease the new aircraft......

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