- Aiming to grow company’s fleet of aircraft to 300-400 from about 233 in March 2019; targeting 320 aircraft by March 2021, Meyler said in interview in Tokyo last week
- World aircraft fleet will have to double in next 20 years to meet demand from growing middle class in emerging markets: Meyler
- This financial year, ORIX Aviation, a subsidiary of Japan’s ORIX Corp., expects to have acquired $2.1b of aircraft or 33 units, and have sold $2.5b of aircraft or 54 units
- In an email on Monday, Meyler said he doesn’t expect the company’s long-term aircraft management plans to be affected by the Ethiopian Airlines 737 Max 8 crash on Sunday
- NOTE: ORIX Aviation’s business focuses on aircraft trading, asset management and re-leasing rather than ordering new planes from manufacturers.
Original article appeared on Bloomberg Japan: https://www.bloomberg.co.jp/news/articles/2019-03-12/PNUD6N6K50XS01