THE DIVIDE

Now that lessors have broken rank on Lion Air, which approach will win? There haven't been splits like this among lessors very often. What happens to the Max orderbook? Lion also has outstanding orders for 112 Airbus A320neo aircraft and 65 A321neos. No doubt the carrier sees opportunity with a weak Garuda, which plans to seek suspension of debt payments to lessors and other creditors to prevent its cash from depleting further. We also discuss the growing divide between small- to mid-sized lessors and larger ones.