Aircraft Leasing Exec Cites Frustration Over Boeing’s Production Problems
Photo Credit: Boeing's 787 production delays have cost Air Lease Corp. close to $500 million, executive chairman Steven Udvar-Hazy said at the Skift Aviation Forum on Nov. 17, 2021. Boeing
Skift Take
Boeing's challenges make for an uncompetitive environment given the current state of the aircraft-manufacturing duopoly. And Boeing's woes seems formidable.
Boeing needs to get its house in order.
That was the message from Steven Udvar-Házy, executive chairman of Air Lease Corp., who said his company has lost some $500 million in revenue because of the grounding of the Boeing 737 Max and delivery delays for 787s.
Udvar-Házy spoke with Airline Weekly Editor Madhu Unnikrishnan at the Skift Aviation Forum Wednesday on the topic, "Futureproofing the Industry for the Decade Ahead."
