Aircraft Leasing Companies Are Having Their Moment: Asia Centric
The aviation industry has suffered numerous setbacks recently, from tragic accidents to production delays and quality issues at manufacturer Boeing. There are also looming challenges including slower economic growth globally that may curb spending and demand. But one corner of the industry has been thriving since the pandemic – aircraft leasing. Tim Bacchus, a veteran analyst with more than 30 years of experience in the aviation space, believes that profits in the aircraft leasing industry – the companies that purchase and rent these planes – could jump by more than 70% over the next three years. He joins John Lee and Katia Dmitrieva on the Asia Centric podcast. Listen to this episode on Apple Podcasts, Spotify or other streaming platforms.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Boeing Orders Jump Above 300 in May Ahead of Paris Air Show
Boeing's (BA) order intake shot up above 300 in May due to increased demand for 737 Max jets ahead o Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
3 hours ago
- Business Insider
Analysts Offer Insights on Industrial Goods Companies: Boeing (BA) and Symbotic (SYM)
Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Boeing (BA – Research Report) and Symbotic (SYM – Research Report). Confident Investing Starts Here: Boeing (BA) In a report released today, Gavin Parsons from UBS maintained a Buy rating on Boeing, with a price target of $245.00. The company's shares closed last Tuesday at $215.73. According to Parsons is a 4-star analyst with an average return of 6.6% and a 66.3% success rate. Parsons covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, StandardAero, Inc., and Northrop Grumman. Boeing has an analyst consensus of Strong Buy, with a price target consensus of $219.95, a 1.1% upside from current levels. In a report issued on June 4, Jefferies also maintained a Buy rating on the stock with a $250.00 price target. Craig-Hallum analyst Greg Palm assigned a Hold rating to Symbotic today. The company's shares closed last Tuesday at $28.23. Symbotic has an analyst consensus of Moderate Buy, with a price target consensus of $29.63.
Yahoo
3 hours ago
- Yahoo
China, Mexico, EU, Japan, Canada urge Trump not to impose new airplane tariffs
WASHINGTON (Reuters) -China, Mexico, the European Union, Japan, Canada and many airlines and aerospace companies worldwide urged the Trump administration not to impose new national security tariffs on imported commercial planes and parts, according to documents released Tuesday. Separately, U.S. planemaker Boeing cited a recent trade deal announced in May with Britain that ensures tariff free treatment for airplanes and parts. "The United States should ensure duty-free treatment for commercial aircraft and their parts in any negotiated trade agreement, similar to its efforts with the UK," Boeing said in a filing with the U.S. Commerce Department made public Tuesday.
