Spirit Airlines cancels Airbus order in settlement with AerCap
1. Spirit Airlines cancels order of 52 Airbus planes, transferring them to AerCap. 2. This move may strengthen AerCap's position in the leasing market.
FAQ
Why Bullish?
AER gains additional aircraft orders, enhancing its leasing portfolio. Historical cases show strong demand for leasing post-renewal decisions by airlines.
How important is it?
The article highlights a direct acquisition of aircraft orders by AER, which is crucial for growth.
Why Short Term?
Immediate increase in aircraft availability could drive revenue and leasing contracts. Similar past events have positively impacted AER's stock within months.