Top aircraft lessor AerCap says Boeing may fall to 30% of narrowbody market
DUBLIN, Jan 29 (Reuters) - The world's largest aircraft lessor AerCap on Monday warned that Boeing's share of the narrowbody passenger jet market looked set to fall to 30%, but said the U.S. manufacturer should never be written off.
"It's probably tough to take in Seattle that they are probably heading towards 30% of the market on the narrows," AerCap Chief Executive Aengus Kelly, one of Boeing's biggest customers, told the Airline Economics conference in Dublin.
"Betting against Boeing is betting against America and that has never been a winning trade for anyone so I would never write them off," he added. "They'll get through this. It's going to be tough for the next few years but they will get there." (Reporting by Padraic Halpin; Editing by Conor Humphries)
