Air Lease's Udvar-Hazy Offers Predictions on Airline Consolidation
Skift Take
Will Europe’s airline sector experience additional consolidation? The head of a major aircraft lessor thinks the answer is yes.
The head of an influential aircraft lessor expects more airline consolidation in Europe, naming Scandinavia’s SAS, Italy’s ITA, and TAP Air Portugal as possible takeover candidates.
"Those are the main targets," said Air Lease Corporation’s Steven Udvar-Házy on Wednesday at the Skift Aviation Forum in Dallas. Udvar-Házy is often called the founder of the aircraft leasing business.
Europe is already heavily consolidated, he explained, citing the three large groups that dominate Europ
