Jet financiers warn of rising fuel and borrowing costs
Aircraft financiers warn that soaring fuel and borrowing costs have replaced supply shortages as their primary concern. Market turmoil and higher oil prices threaten the sector heading into winter.
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Soaring fuel and borrowing costs have overtaken aircraft shortages as the primary concern for jet financiers, delegates at an industry meeting in Copenhagen said during the morning of September 18. The shift in market sentiment follows recent turmoil including an airBaltic bankruptcy filing and rising oil prices linked to conflict involving Iran and Yemen. Financing risks now outweigh supply bottlenecks across the global fleet.
