WILL THE INDUSTRY TRANSITION FROM RED TO BLACK TO GREEN

As aviation emerges from the worst crisis in its history, airlines look forward to a cleaner, greener future in which their march to net-zero emissions proceeds in lockstep with improving profitability and lower debt—just kidding. Such a symbiotic relationship is pure fantasy, especially as airlines look to repair their balance sheets from years of borrowing and losses. As for lessors, what should we expect in 2022 as power by the hour deals come to an end?