Do leasing companies actually take a gamble if their frames do not get built until there is a customer for them? I haven't heard of many Leasing company while tails
The A220 is gaining some orders from various new customers. Apparently the Canadians did/ do a good job. The pressure to increase production quickly must be rising and the A220 supply chain is negotiating.. Leasing companies that took the gamble 5-10 yrs ago are getting rewarded.
They negotiated pricing & conditions when BBD badly needed commitments & they can lease them out in a situation when the market wants them and the supplier is close to over-committing on deliveries..
I got curious on this, not to rain down on everyone's parade, A220 has some lessors' deal which are quite substantial if you add them up:
Air Lease Corporation - 50 (the previous deal excluding recent DAS'21 order)
Ilyushin Finance Co.- 14
Lease Corporation International - 20
Macquarie AirFinance - 29
Nordic Aviation Capital - 20
Odyssey Airlines - 10
That's around 143 airframes. Have they been allocated for or delivered? I understand those of Ilyushin Finance Co have been delivered but no customer yet. Tracking these airframes might need quite an effort and lessors may need sometime to clear their logs too.
Anyhow, a good show by all OEMs in DAS'21.