Aengus Kelly joined Phil Le Beau, CNBC airline and industry reporter, this morning in studio on CNBC Squawk Box to discuss growth opportunities across the aviation sector, AerCap's strong performance amid ongoing geopolitical uncertainty, and broader industry trends shaping the future of flight.
Aengus Kelly joined Phil LeBeau, CNBC's airline industry reporter this morning in studio in New York on CNBC Squawk Box. Aengus shared his perspective and insights into global airline supply and demand, the challenges facing airlines with new technology engines as well as industry trends, and more.
Pete Juhas joined CNBC’s Steve Sedgwick live from the Paris Air Show to discuss geopolitical and trade uncertainty and its impact on aviation. He highlighted the sector’s resilience through recent challenges, including Covid and the Russia-Ukraine conflict, and the opportunities available to well-positioned companies. They also discussed AerCap’s strong advocacy for a zero-tariff regime for aviation and the positive U.S.-UK agreement to eliminate tariffs on aerospace products, which could set a precedent for future bilateral trade deals.
Aengus Kelly joined Phil Le Beau, CNBC airline and industry reporter, this morning in studio on CNBC Squawk Box to discuss the state of global airline travel demand, potential impact of tariffs and Boeing’s production and delivery timeline, and more.
Aengus Kelly joined CNBC’s Squawk Box Europe following the company’s Q2 results. He highlighted AerCap’s strong financial performance, including raising full-year guidance and generating $1.4 billion in operating cash flow, alongside ratings upgrades from S&P Global and Moody’s. He also discussed the strength of the aircraft leasing market and AerCap’s continued organic growth, including its agreement to purchase 36 A320neo Family aircraft for lease to Spirit Airlines, bringing its total commitment to the programme to more than 600 aircraft.
Ahead of AerCap’s 2024 Capital Markets Day in New York, Aengus Kelly joined CNBC’s Phil LeBeau on Squawk Box to discuss the company’s first quarterly cash dividend, new share repurchase authorization program and $3 billion order for 150 CFM LEAP engines. They also discussed the critical role of engines in commercial aviation and the challenges facing Boeing and Airbus, including the impact of constrained new aircraft supply on airlines.
Watch this short interview with Aengus Kelly, AerCap CEO, and CNBC’s Phil LeBeau on ‘The Exchange’ where they discuss the underlying demand for international travel which remains robust globally with many airlines reporting record profits in 2023. Aengus shares his insights on the supply challenges facing airlines with the shortage of aircraft and durability of new technology assets, which he believes will result in supply shortages for the rest of the decade.
Aengus Kelly joins Bloomberg TV, Daybreak Asia program to discuss the recovery of the airline industry in Asia, the global outlook for the aviation leasing sector, and how AerCap is supporting the growth and development of aviation in the SE Asia region through a partnership with Chulalongkorn University, Thailand.
Aengus Kelly, CEO of AerCap, speaks to CNBC Squawk Box Europe about AerCap’s acquisition of GE Capital Aviation Services including rationale for the deal, the impact of Covid-19 on the aviation industry, addressing anti-trust concerns, and whether he sees further consolidation in the sector.
Aengus Kelly, CEO of AerCap, speaks with Bloomberg's Alix Steel and Guy Johnson about the acquisition of GE Capital Aviation Services and his thoughts on which routes will be the first to recover from the Coronavirus Pandemic on "Bloomberg Markets: European Close".