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Crowded market for new deliveries, bankers say

28 January 2011

Bankers at the 13th European Airfinance Conference in Dublin react positively to the new Aircraft Sector Understanding, but say market is crowded for new aircraft deliveries.

Read more: European Airfinance Conference ASU ECA Patrick Smyth Christian McCormick Tom Hollahan Bertrand Grabowski

As new rules on export credit financing come into effect next month, lenders at the Dublin Airfinance Conference welcome higher ECA pricing.

However, bankers told delegates that the market for new deliveries is overcrowded, while the secondary market still lacks support. For new entrants like the A320neo, pricing will be higher.

"I'm not sure we need more players in this space (new deliveries), because it means less profits for...

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