Aircraft Lessors Manage the MAX Return to Service While Navigating Aviation Downturn
DBRS, Inc. (DBRS Morningstar) published a commentary reviewing the return to service of the Boeing 737 MAX aircraft (the MAX). Long-term growth in aviation and a developing replacement cycle will support demand for the MAX aircraft. With a backlog just short of 4,100 orders and the forecasted growth in the industry over the next decade that requires more than 18,000 aircraft, of which 74% are anticipated to be narrow-body aircraft, the global aviation industry needs the 737 MAX aircraft as Airbus cannot meet the demand alone.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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