Udvar-Hazy: Very little 'bottom-line benefit' from narrowbody re-engining

Air Lease Corp. Chairman and CEO Steven Udvar-Hazy said this week
"When I look at all issues and all complexities, it's hard to see a meaningful benefit to the industry [from a narrowbody re-engining] other than in terms of the environment and noise emissions. There I see some PR benefit to the outside world, but in terms of bottom-line benefit to owners of the aircraft, to operators of aircraft, it's a very slim margin."

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