High-level overview for investors
[01:05] We saw softening of engine lease rates for current-gen aircraft in the initial wave of the pandemic then a firming of engine lease rates slightly ahead of traffic recovery, particularly for NBs. Do you agree with this and where are we now for NB engine lease rates?
[05:22] When looking at pre-pandemic rates, 2019 saw a particularly high level of engine lease rates; what was the reason for this?
[06:15] How are WB engine lease rates recovering? Are certain engine types seeing better recovery rates?
New-tech engine issues
[09:00] There has been lots of coverage on the issues facing engine OEMs in terms of performance and reliability of new-tech issues. What does this issue mean for engine lessors?
[11:38] How deep is the inventory of new-tech NB engines from the engine lessors?
[14:55] The airframe production targets have revised delivery targets but still plan to ramp up production this year. Could these issues get worse in the next 6 to 8 months as more aircraft engines get delivered?
Quarterly highlights
[16:45] Looking at Q1 2023 is there one engine variant which is achieving unusually high lease rentals versus other variants? Which model would you say is seeing a real softening in either leases or values?