Survey Highlights Supply Chain and Labor Issues in Maintenance Shops

Aviation Capital Group Places Major Order for 50 Boeing 737 MAX Jets SEATTLE, January 13, 2026 — Aviation Capital Group LLC (ACG) has announced a substantial order for 50 Boeing 737 MAX aircraft, consisting of 25 737-8 and 25 737-10 models, according to Boeing [NYSE: BA]. This acquisition doubles ACG’s previous commitments for the 737-10 variant and represents the largest single order for this model by any aircraft lessor to date. Thomas Baker, CEO and President of ACG, emphasized that the new order strengthens the strategic value of the company’s existing portfolio and aligns with its growth objectives. He noted that the expanded fleet will enable ACG to provide its global clientele with a consistent delivery schedule of 737 MAX jets from 2026 through 2033, offering flexibility across both the 737-8 and 737-10 variants. With this latest purchase, ACG’s total Boeing 737 MAX order book now stands at 121 aircraft, including 50 firm orders for the 737-10. This expansion reflects ACG’s strong confidence in Boeing’s product offerings and their continued appeal to airlines worldwide. Brad McMullen, Boeing’s senior vice president of Commercial Sales and Marketing, remarked that ACG’s increased order underscores the lessor’s trust in the 737-10 and its attractiveness to customers globally. He highlighted ACG’s role as a key and valued partner within the 737 MAX program. Industry Context and Market Dynamics The announcement coincides with Boeing’s efforts to accelerate production following recent challenges related to safety and manufacturing. The broader aviation industry is demonstrating signs of robust recovery, with Boeing’s stock gaining momentum amid renewed demand. Major carriers, including Alaska Airlines, have also expressed confidence in Boeing’s resurgence, exemplified by a recent order for 110 jets, of which 105 are 737 MAX 10s. Competition remains intense as Airbus experiences increased demand for its A330 and A350 wide-body aircraft. The surge in orders for both narrow-body and wide-body models signals a sustained rebound and growth trajectory for the aviation sector in the post-pandemic environment. The Boeing 737 MAX family is widely recognized for its fuel efficiency and operational versatility, making it a preferred choice for lessors and airlines operating short- and medium-haul routes. To date, lessors have placed orders for nearly 1,300 737 MAX jets, representing approximately one-fifth of the total backlog for the model. Company Profiles Founded in 1989 and a wholly owned subsidiary of Tokyo Century Corporation, Aviation Capital Group is a leading aircraft asset manager with a portfolio of around 470 owned, managed, and committed aircraft as of September 30, 2025. The company leases aircraft to approximately 90 airlines across 50 countries, offering comprehensive asset management and financing solutions. Boeing remains a global aerospace leader, designing, manufacturing, and servicing commercial airplanes, defense products, and space systems for customers in over 150 countries. The company continues to prioritize innovation, safety, and sustainability as the aviation industry recovers and expands. For further information, visit aviationcapitalgroup.com and boeing.com.

The Dynamics of a Virtuous Circle Pascal Parant, group chief commercial and marketing officer at Vallair, underscores the transformative impact of circular-economy principles on modern aircraft retirement, emphasizing their role in generating both environmental and economic value within the aviation industry. With approximately 32,000 commercial aircraft currently in service or storage worldwide, each represents a substantial lifetime asset. The industry’s enduring commitment to sustainability—manifested through new aircraft programs and incremental technological improvements—has resulted in platforms such as the Boeing 737 and Airbus A320 evolving over several decades, often maintaining commonality in parts across successive generations. End-of-Life Pathways and Component Reuse This durability has given rise to two primary end-of-life pathways for aircraft. Older “n-2” generation aircraft are generally dismantled for scrap or repurposed materials, whereas newer models yield high-value components including engines, auxiliary power units (APUs), landing gears, and line-replaceable units (LRUs). These parts undergo overhaul, recertification, and reintegration into airline maintenance cycles. Notably, even the latest “n” generation aircraft are increasingly being parted out; for instance, over a dozen A320neo airframes equipped with GTF engines were dismantled in the past year, with their components helping to mitigate ongoing supply-chain constraints. Currently, up to 95% of an aircraft’s mass can be reused, recycled, or valorised. However, the recycling process entails significant environmental, social, and governance (ESG) as well as legal responsibilities. Aircraft contain hazardous substances such as fluids, metals, batteries, composites, and small radioactive sources. Under European legislation, the final owner bears responsibility for compliant dismantling, making proper teardown an imperative governed by environmental, regulatory, and safety standards set forth by EASA, ICAO Annex 16, and EU waste directives. Economic and ESG Implications The use of overhauled components, commonly referred to as used serviceable material (USM), can reduce CO₂ emissions by 50 to 90 percent depending on the part, aligning closely with circular economy principles advocated by the EU, ICAO, and the Aircraft Fleet Recycling Association (AFRA). From a financial perspective, the end-of-life value recovered from a narrowbody aircraft ranges between $2.5 million and $8 million, with engines accounting for 70 to 85 percent of this sum. In the context of global supply shortages, returns on investment can be realized within six to twelve months. Moreover, reusing “green time” on engines and landing gear can yield an additional 15 to 30 percent value during the final months of operation. USM also provides airlines with a strategic tool to manage rising original equipment manufacturer (OEM) catalogue prices, which have increased by 8 to 15 percent annually since 2022, enabling operators to reduce maintenance costs by 20 to 40 percent and assisting lessors in preserving asset value. Vallair’s Role and Market Context Vallair plays a pivotal role in supporting aircraft throughout their lifecycle, offering services ranging from base maintenance and storage to component maintenance, repair, and overhaul (MRO), as well as teardown operations. Its Montpellier facility specializes in narrowbody maintenance and limited dismantling, while the Châteauroux site provides widebody capabilities and full teardown services. By collaborating with specialized recyclers, Vallair ensures turnkey value maximization and strict regulatory compliance. High-value components are meticulously managed to extend their operational lifespan, thereby reducing the demand for carbon-intensive new production. Vallair’s vertically integrated approach, which includes passenger-to-freighter conversions that can extend aircraft life by more than 15 years, exemplifies its commitment to maximizing value while minimizing environmental impact. These circular-economy strategies gain heightened significance amid broader economic uncertainties. The U.S. stock market faces potential volatility in 2026, influenced by internal divisions within the Federal Reserve, extreme market valuations, and a disconnect between investor expectations for rate cuts and the central bank’s hawkish stance. Global market dynamics are further shaped by the anticipated AI-driven technological revolution, which promises to reshape productivity and earnings growth. Concurrently, the Bank of Japan may tighten monetary policy sooner than expected due to yen weakness, while China’s persistent trade surplus is viewed as a drag on growth, underscoring the need for structural reforms. Within this complex economic landscape, the aviation sector’s emphasis on asset longevity, resource efficiency, and regulatory compliance not only advances environmental objectives but also enhances resilience amid shifting global economic conditions.

FG Allocates N19 Billion for VP’s Aircraft Engine and Related Expenses The Federal Government of Nigeria has allocated a total of N19.27 billion over a three-year period for engine overhauls and associated maintenance costs within the Presidential Air Fleet. The most significant portion of this budget—N10.61 billion—is designated for the Gulfstream G550 aircraft assigned to Vice President Kashim Shettima. This allocation, which accounts for 55% of the total engine maintenance budget under President Bola Tinubu’s administration, is outlined in the appropriation bills for 2024 through 2026 and was reviewed by The PUNCH. Escalating Costs and Technical Challenges Budget documents reveal a marked increase in funding for the vice president’s aircraft, registered as 5N-FGW. The allocation for engine overhauls surged from N1.24 billion in 2024 to N5.51 billion in 2025, representing a 345% increase, before decreasing to N3.86 billion in 2026. Initially classified as a “NEW” project in 2024, the maintenance effort was reclassified as “ONGOING” in subsequent years. The Gulfstream G550, which has been in service for 13 years and is known as “Nigerian Air Force 2” when transporting the vice president, has encountered multiple technical difficulties. In May 2024, Vice President Shettima was forced to abort a trip to the US-Africa Business Summit in Dallas after the aircraft developed a fault mid-flight. This incident followed an earlier episode in which President Tinubu had to charter a private jet to Saudi Arabia due to an oxygen leak on the same aircraft. Additionally, in October 2024, Shettima canceled a planned trip to the Commonwealth Heads of Government Summit in Samoa after a foreign object struck the plane during a stopover at JFK Airport in New York. Officials within the presidency, speaking on condition of anonymity, attributed the rising maintenance costs to these recurring technical failures, which have necessitated urgent and extensive repairs. Beyond the Gulfstream G550, the government has also allocated funds for engine overhauls on two Falcon 7X jets (registered 5N-FGV and 5N-FGU), with a combined budget of N6.98 billion over three years. Furthermore, N1.68 billion was set aside in 2024 for maintenance on another Gulfstream jet (5N-FGS). Broader Context and Future Outlook Engine overhaul expenditures peaked in 2025 at N8.65 billion, coinciding with the delivery of a new Airbus A330 valued at N150 billion. Presidential spokesman Bayo Onanuga emphasized that the introduction of this new aircraft is expected to significantly reduce Nigeria’s maintenance and fuel costs. By 2026, spending on older aircraft is projected to decline by 30% compared to the previous year. These budgetary decisions come amid wider challenges affecting government spending and aviation safety. Political divisions in Washington have raised concerns about potential partial government shutdowns, which could disrupt market stability and federal funding for infrastructure projects. Such uncertainties may influence market dynamics and prompt competitors in the aviation sector to accelerate upgrades, including retrofitting aircraft with advanced flight control and mission computers to comply with evolving safety and regulatory standards. Overall, the government’s three-year plan allocates N4.58 billion in 2024, N8.65 billion in 2025, and N6.05 billion in 2026 for engine overhauls across the Presidential Air Fleet. These figures reflect both the urgent need for maintenance and the shifting landscape of aviation regulation and fiscal policy.

Hydrogen Refueling in Aviation: The ALRIGH2T Approach Hydrogen is increasingly recognized as a vital component in the pursuit of climate-neutral aviation. However, its widespread adoption faces considerable challenges. Transitioning to hydrogen-powered flight requires not only the development of new refueling infrastructure and stringent safety protocols but also significant investment tailored to the specific operational demands of airports. The high costs associated with hydrogen production and distribution, coupled with the technical complexities of integrating hydrogen propulsion into existing aircraft designs, have resulted in a cautious response from the aviation industry. While some airlines and manufacturers are actively investing in hydrogen technologies, others remain hesitant due to economic uncertainties, regulatory hurdles, and the limited availability of hydrogen fuel. Concurrently, the sector is divided between advancing hydrogen solutions and exploring battery-electric alternatives. The ALRIGH2T Initiative: Advancing Hydrogen Refueling Technology In this context, the ALRIGH2T project (Airport-Level DemonstRatIon of Ground Refuelling of Liquid Hydrogen for AviaTion), supported by the European Union’s Horizon Europe programme, represents a significant effort to decarbonize air transport. The project aims to develop and demonstrate the first integrated liquid hydrogen (LH₂) refueling system designed specifically for aviation. Its goal is to establish a safe, efficient, and scalable hydrogen refueling process within operational airport environments. By achieving Technology Readiness Level 6 (TRL6), ALRIGH2T intends to validate the handling of liquid hydrogen at volumes relevant to commercial aviation, thereby laying the foundation for Europe’s transition toward hydrogen-ready airports. Demonstrations are scheduled at Milan Malpensa and Paris-Orly airports, where the system will be tested under authentic operational conditions. Beyond liquid hydrogen, the project also explores the integration of gaseous hydrogen (GH₂) into ground operations, aiming to create a comprehensive hydrogen ecosystem across airport activities. Technical Pillars and Innovations ALRIGH2T’s approach is structured around three core technical pillars. The first involves the development of liquid hydrogen supply and transfer systems, including a high flow rate centrifugal liquid hydrogen pump capable of delivering 2,000 kilograms per hour. This innovation sets a new standard for aviation-scale refueling and targets a reduction in liquid hydrogen losses by at least six percent during loading operations. The second pillar focuses on direct refueling and control systems, featuring an instrumented 40-kilogram liquid hydrogen tank equipped with cryogenic sensors, integrated data acquisition, and a predictive digital twin for process simulation and real-time monitoring. The third pillar addresses the integration of gaseous hydrogen for ground operations, introducing hydrogen fuel cell-powered ground vehicles for towing and maintenance tasks, complementing the liquid hydrogen aircraft demonstrations. Engineering, digitalization, and safety analysis are central to the project’s methodology. Detailed simulation studies have informed the safe configuration of the liquid hydrogen pump, while advanced thermo-fluid dynamic and structural models are being developed to support future scaling of these systems. Despite the promise hydrogen holds for sustainable aviation, the path forward remains fraught with regulatory, economic, and technological uncertainties. ALRIGH2T’s real-world demonstrations aim to confront these challenges directly, providing essential data and operational insights that could accelerate the adoption of hydrogen in aviation and help shape the future of sustainable air transport across Europe.

Amazon Seeks Feedback on AI Training Framework Proposal EASA’s Initiative to Regulate AI in Aviation The European Union Aviation Safety Agency (EASA) is nearing the close of its public consultation on the AI Trustworthiness Framework, a critical step in shaping the future of artificial intelligence regulation within the aviation sector. Launched in November, the consultation period will end in February, providing training organizations and industry stakeholders a limited window to influence the framework’s development. This initiative, detailed in a Notice of Proposed Amendment (NPA), aims to establish technical guidance that aligns with the EU AI Act’s stringent requirements for high-risk AI systems, ensuring that AI applications in aviation meet rigorous standards of trustworthiness. The framework is part of the first phase of Rulemaking Task (RMT) 0742, a collaborative effort involving key players such as the Federal Aviation Administration, Amazon, Thales, CAE, and Boeing. A second NPA is anticipated in 2026 to further extend the framework’s reach to regulators. The proposed guidelines focus on preparing the aviation community for the integration of AI-based assistance (Level 1 AI) and Human-AI teaming (Level 2 AI). It addresses critical aspects including AI assurance, human factors, ethical considerations, and the deployment of data-driven AI systems, encompassing both supervised and unsupervised machine learning methodologies. Impact on Aviation Stakeholders and Industry Response The framework explicitly targets a broad range of aviation stakeholders, including approved and declared training organizations, operators of flight simulation training devices, air traffic control training providers, and maintenance training entities. Additionally, unmanned aircraft manufacturers and aircraft operators are among those expected to be affected. EASA has called on these participants to submit feedback to ensure the framework adequately reflects operational realities and regulatory expectations. Amazon’s involvement in the development of this AI training framework underscores its strategic positioning amid intensifying competition from other technology giants such as Alphabet and Google, both aggressively expanding their AI capabilities. The market’s reaction to Amazon’s proposal has been mixed. While some investors view the initiative as a potential catalyst for increased market share in AI, others express caution over the risks of an AI market bubble. Meanwhile, competitors including Dell and Cisco are anticipated to ramp up investments in proprietary AI technologies, notably in the development of AI chips, aiming to reduce dependence on Amazon’s framework. Market perceptions of Amazon’s ability to sustain its competitive advantage in AI will likely influence investor confidence and the company’s stock performance. As regulatory frameworks evolve, Amazon’s success in shaping and adapting to these new standards will be closely monitored by industry peers and financial markets alike. The Road Ahead With the consultation deadline approaching, EASA stresses the importance of comprehensive industry feedback to refine the AI Trustworthiness Framework. The outcomes of this process will have significant and lasting implications for the integration, regulation, and trust of AI technologies within aviation and potentially across other sectors.

Alaska Airlines Partners with Accenture to Upgrade IT Systems Using Cloud and AI Addressing Operational Challenges Through Technological Modernization Alaska Airlines has announced a comprehensive overhaul of its IT infrastructure aimed at enhancing system resilience and restoring customer confidence following a series of disruptive technology failures. The Seattle-based carrier, which has experienced significant operational setbacks and reputational damage due to recent outages, is collaborating with global consulting firm Accenture to modernize its technology framework by leveraging cloud computing and artificial intelligence. The imperative for this transformation became evident after a notable incident in October 2025, when a hardware failure at the airline’s primary data center triggered a nationwide ground stop and resulted in the cancellation of over 400 flights. This outage stranded more than 49,000 passengers and generated widespread criticism, particularly regarding the airline’s delayed communication during the crisis. The event underscored the limitations of Alaska Airlines’ legacy IT systems, some of which have been in place for decades and are ill-equipped to handle the demands of real-time data processing and modern operational requirements. Strategic Partnership and Technological Initiatives In response to these challenges, Alaska Airlines has engaged Accenture to conduct a thorough audit and spearhead the upgrade of its IT systems. Central to this initiative is the migration of critical operational and back-office functions to cloud-based platforms, which will introduce enhanced redundancy and scalability designed to mitigate the risk of future outages. The airline is also investing in advanced monitoring technologies and AI-driven predictive maintenance tools, aiming to proactively identify and resolve potential system issues before they escalate into major disruptions. This strategic pivot toward technology investment aligns with Alaska Airlines’ broader goals of expansion and integration following its merger with Hawaiian Airlines. Executives have acknowledged that modernizing the airline’s IT infrastructure is essential to support these ambitions and to improve overall operational reliability. Challenges and Market Response Despite the clear benefits, the transformation presents significant challenges. Industry experts caution that large-scale IT upgrades, particularly those involving the integration of AI technologies, often encounter delays and technical complexities. There are also inherent risks related to data security and system reliability that must be carefully managed throughout the deployment process. Furthermore, the competitive nature of the airline industry means that Alaska Airlines faces pressure not only to implement these changes effectively but also to keep pace with rivals who are accelerating their own technology investments. Market reactions to the announcement have been mixed. While some investors view the modernization effort as a critical step toward long-term stability, others remain cautious about the immediate financial returns of substantial cloud and AI expenditures. The company will need to balance the urgency of technological advancement with prudent risk management and transparent communication to maintain stakeholder confidence. As Alaska Airlines advances its IT overhaul in partnership with Accenture, the initiative represents a decisive move to overcome recent operational turbulence. By embracing cloud and AI solutions, the airline seeks to establish a new benchmark for reliability while navigating the complexities of a rapidly evolving and highly competitive industry.

Florida Advances Ambitious Air Taxi Service Plan The Florida Department of Transportation (FDOT) is progressing with an innovative initiative to launch an air taxi service, aiming to commence operations by the end of this year and achieve full statewide coverage by 2026. This project forms a key component of Florida’s Advanced Mobility Initiative, which seeks to alleviate congestion on the state’s heavily trafficked roadways, particularly along the I-4 corridor that connects Tampa, Orlando, and Sarasota. By introducing a high-tech alternative to traditional ground transportation, the state hopes to enhance mobility for both residents and visitors. Development of the Advanced Air Mobility Network The initial phase of the Advanced Air Mobility Network will establish connections between airports along the I-4 corridor, creating a new transportation option that leverages vertical takeoff and landing (VTOL) aircraft. Central to this effort is the construction of the nation’s first vertiport—a specialized facility designed to accommodate these advanced air vehicles. Florida plans to build two vertiports to serve as controlled environments for testing and operational deployment. An FDOT representative highlighted the pioneering nature of the project, suggesting it could be the first of its kind in the United States and potentially worldwide. Challenges and Competitive Landscape Despite the ambitious timeline, the project faces significant challenges. The development of necessary infrastructure, obtaining regulatory approvals, and ensuring passenger safety remain critical obstacles. The regulatory framework is evolving, with recent federal efforts aimed at accelerating the integration of flying taxis into U.S. airspace. This regulatory progress occurs amid intensifying international competition, notably from China, where companies such as EHang have already made substantial advances in urban air mobility. Domestically, the air taxi market is becoming increasingly competitive, with U.S.-based firms like Archer and Joby Aviation rapidly advancing their technologies. Florida’s early investment in vertiport infrastructure may provide a strategic advantage, but industry analysts caution that the ultimate success of the initiative will depend on the speed and safety with which the service can be introduced to the market. State officials remain optimistic about the project’s potential impact. The Advanced Air Mobility Network is envisioned as a model for other regions, with the capacity to transform travel within Florida and establish a precedent for urban air mobility across the nation. The initial phase is expected to be completed by the end of this year, with broader statewide service planned for 2026.

Airbus Confirms 2025 Delivery Target Amid Supply Chain Challenges Airbus announced that it delivered 793 aircraft in 2025, successfully meeting its revised annual target despite ongoing supply chain and production difficulties. The European aerospace manufacturer had initially projected around 820 deliveries at the start of the year but was compelled to lower its guidance to approximately 790 aircraft following quality issues with fuselage panels on its A320 model and a recall for a software upgrade. Surpassing this adjusted goal reflects Airbus’s operational resilience in a challenging market environment. The company also reported a significant reduction in the number of engineless A320 “gliders”—aircraft awaiting engines—from a peak of 60 last year to what officials described as a “manageable” small number. While supply chain disruptions persist, particularly concerning aircraft interiors, Christian Scherer, who stepped down as CEO of Airbus Commercial Aircraft on December 31, emphasized that no widebody aircraft are currently grounded awaiting components. Scherer, now in a transitional role alongside his successor Lars Wagner, addressed the media for the final time in his former capacity. Strong Momentum for the A350 Program and Market Dynamics Benoit de Saint-Exupéry, Executive Vice President of Sales for Commercial Aircraft, highlighted the growing momentum behind Airbus’s flagship A350 program. In 2025, Airbus secured orders for 193 A350s, including a significant Memorandum of Understanding with Air Europa for 20 A350-900s. This agreement, expected to be finalized within the year, aims to replace Air Europa’s aging Boeing 787 fleet. Saint-Exupéry noted that Air Europa’s decision underscores the A350 platform’s superior economics and performance as the ideal solution for the airline’s next phase of growth. As airlines approach the first wave of replacements for early 787 fleets, Airbus anticipates that more carriers will follow Air Europa’s lead, not only with the A350-900 but also with the larger A350-1000, which is increasingly favored as a replacement for Boeing 777s. Despite Airbus’s successes, Boeing also reported a strong year, announcing over 300 orders for its 787 Dreamliner in 2025—its best performance in years. When questioned about Boeing’s sales achievements and whether they stemmed from superior sales campaigns or political influence, Saint-Exupéry remarked, “I would simply say the answer is in the question.” He acknowledged that Airbus prevailed in two out of three open sales campaigns against Boeing in 2025 but recognized the 787’s earlier market entry and sustained appeal for repeat orders. Scherer conceded that Boeing benefited from political backing, stating, “Fair enough. What it means for us is that we just have to be more convincing than our competitor and its political support on the quality of our products.” Airbus is scheduled to release its audited year-end commercial data on January 12, which is expected to provide further insights into its 2025 performance and strategic outlook.

WLFC Partners with Blackstone to Expand Aircraft Leasing Willis Lease Finance Corp. (WLFC) has entered into a significant partnership with Blackstone Credit & Insurance, aiming to deploy over $1 billion in aircraft engine leasing over the next two years. This strategic move aligns with expectations of a strong year ahead for the aircraft leasing sector, driven by robust demand and favorable market conditions. Financing Strategy and Market Context Traditionally, WLFC finances its assets with a capital structure comprising 80% debt and 20% equity, according to Chief Financial Officer Scott Flaherty. The new partnership with Blackstone is set to provide a substantial portion of the credit, enabling WLFC to accelerate its growth strategy and diversify its funding sources. Flaherty emphasized that the company’s growth had previously been constrained by equity capital limitations, and this collaboration is expected to enhance portfolio expansion and funding diversification. A central element of WLFC’s approach involves asset-backed securities (ABS), a market in which the company has been actively engaged. WLFC completed its ninth ABS transaction in December, following another in June, collectively raising nearly $1 billion. The ABS market itself has experienced significant growth, with 15 deals totaling just over $10 billion in issuance in 2025—an 85% increase compared to the previous year, according to aviation intelligence provider IBA. This surge marks the strongest year for ABS issuance since the 17-deal peak in 2019. Industry Outlook and Market Dynamics Morningstar DBRS, a leading rating agency, projects a favorable outlook for the global aircraft leasing sector in 2026. The agency highlights solid but moderating economic growth, sustained demand for air travel, and a persistent shortage of airworthy aircraft and engines as key factors supporting the sector. Lessors face considerable financing requirements in the coming year, including funding new aircraft deliveries and refinancing maturing debt. The active ABS market is expected to continue playing a crucial role, allowing lessors to diversify funding sources and reduce costs. Tightening spreads have further attracted issuers to the ABS market. Flaherty noted that the spread on senior notes from December’s $393 million deal narrowed to 155 basis points, down from 165 basis points on June’s $596 million deal. With Airbus and Boeing production still unable to meet demand, and new technologies contributing to longer repair times and aircraft groundings, demand for existing aircraft remains elevated. Morningstar DBRS anticipates these trends will persist into 2026, supporting higher lease rates, stronger aircraft values, and solid financial performance for lessors. Challenges and Competitive Landscape Despite the promising outlook, WLFC’s partnership with Blackstone faces potential challenges. Regulatory scrutiny and intensifying market competition could present obstacles. The announcement has already heightened investor interest in aircraft leasing, prompting competitors such as Bridgepoint Group and Residco to potentially enhance their offerings, expand portfolios, or forge new partnerships to maintain their positions in the aviation asset market. Nonetheless, WLFC appears well-positioned to leverage its expanded access to capital and the ongoing strength of the aircraft leasing sector to capitalize on current market dynamics.

Airbus Exceeds Delivery Targets in 2025 Amid Robust Market Demand TOULOUSE — Airbus delivered a total of 793 commercial aircraft in 2025, surpassing its revised annual target of 790, according to Bloomberg News. This represents a 4% increase compared to the 766 aircraft delivered in 2024, with single-aisle models continuing to dominate the delivery mix. The company’s ability to exceed expectations highlights the sustained strength of its production capabilities despite facing operational challenges earlier in the year. Operational Challenges and Production Resilience Airbus encountered several hurdles in 2025, including a recall prompted by a necessary software upgrade and the identification of fuselage panels that failed to meet quality specifications. Despite these setbacks, the manufacturer maintained steady production momentum, demonstrating the resilience of its supply chain and manufacturing processes. This performance underscores Airbus’s capacity to manage complex operational issues without compromising delivery schedules. Order Book and Market Demand In 2025, Airbus secured 1,000 gross orders, translating to 889 net orders after cancellations, from 57 customers worldwide. The year ended with a record backlog of 8,754 aircraft, including 1,124 widebody jets, reflecting strong and sustained demand across its entire product range. A notable highlight was the firm order from China Aircraft Leasing Group Holdings Limited (CALC) for 30 additional A320neo Family aircraft, emphasizing the continued appeal of Airbus’s single-aisle models in key markets. Airbus is scheduled to release its audited year-end commercial data on January 12, 2026, which is expected to provide further insights into its delivery performance. The company’s full-year financial results will follow on February 19, 2026.