HOPE IS NOT A STRATEGY

This week we look at the disconnect between lessors and lessees and the fact that financial pressures are not just a 2020 concern but 2021, 2022 worries as well. The bad news is clearly in front of us. A divergence in lessor strategies emerges as Aercap takes Garuda and Capital Airlines to court. In the case of Virgin Australia, is Bain Capital being too aggressive with lessors or are certain lessors simply expressing expensive martyrdom?