Aircraft manufacturing backlogs at 'almost stratospheric levels', Air Lease's Hazy says

Reuters
Jan 26
Aircraft manufacturing backlogs at 'almost stratospheric levels', Air Lease's Hazy says

DUBLIN, Jan 26 (Reuters) - Strong demand is driving aircraft manufacturing backlogs to "almost stratospheric levels", the chairman of Air Lease Corp AL.N said on Monday.

"Strong demand outlook is driving OEM (original equipment manufacturer) backlogs to record levels, almost stratospheric levels," Steven Udvar-Hazy told the Airline Economics conference.

(Reporting by Padraic HalpinEditing by Alexandra Hudson)

((padraic.halpin@thomsonreuters.com; +353 1 500 1504; Reuters Messaging: padraic.halpin.thomsonreuters.com@reuters.net))

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