Airlines want more planes to meet travel demand but, with supply chains backed up, there are few new models to go around. That’s good news for aircraft lessors with more than 90 percent of leases being renewed, up from around 60 percent historically, Air Lease Corp. Executive Chairman Steven Udvar-Hazy said at the Skift Aviation Forum. Listen to Airline Weekly Editor Edward Russell’s discussion with Udvar-Hazy at the forum.
About AWS Travel and Hospitality
Companies around the world, across every segment of the travel and hospitality industry – and of every size – run on Amazon Web Services (AWS). This includes industry leaders like Airbnb, Avis Budget Group, Best Western, Booking.com, Choice Hotels, Delta Airlines, DoorDash, Dunkin’ Brands, Expedia Group, The Hertz Corporation Korean Air, McDonald’s, MSC Cruises, Ryanair, SiteMinder, Sysco, Toast, United Airlines and Wyndham Hotels. These companies and many others are transforming their business by leveraging technology to enhance customer experiences and increase operational efficiency. For more information about AWS Travel and Hospitality, please visit aws.com/travel.