{"id":73647,"date":"2025-02-07T12:24:05","date_gmt":"2025-02-07T12:24:05","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/boeing-to-meet-demand-by-2030-says-top-wet-lessor-chief\/"},"modified":"2025-02-07T12:24:05","modified_gmt":"2025-02-07T12:24:05","slug":"boeing-to-meet-demand-by-2030-says-top-wet-lessor-chief","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=73647","title":{"rendered":"Boeing to meet demand by 2030, says top wet lessor chief"},"content":{"rendered":"


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Boeing will be meeting delivery demand for its commercial aircraft by 2030, predicts Gediminas Ziemelis, the chairman and founder of the world\u2019s largest ACMI and wet-lease provider, Avia Solutions Group.<\/p>\n

Ziemelis made the comments after visiting Boeing\u2019s facilities in Seattle for a ceremonial signing with Boeing Commercial Airplane\u2019s CEO, Stephanie Pope, for Dublin-based Avia Solution Group\u2019s order for up to 80 737 MAX 8, placed in November last year. The order is split between 40 firm aircraft and 40 options.<\/p>\n

Both Airbus and Boeing have encountered significant supply chain disruptions since the pandemic, hindering their ability to build on their 2018 delivery records. Boeing delivered 348 jets in 2024, leaving it with a total backlog of over 5,500 unfilled orders. Airbus managed to deliver 776 aircraft in 2024, four below its official target.<\/p>\n

However, Ziemelis reckons Boeing will have successfully overcome its production issues within the next five years.<\/p>\n

\u201cI\u2019ve seen first-hand as a customer that Boeing is turning the corner on its production issues. I anticipate a gradual return to 2018 production levels from both Airbus and Boeing as we progress through the rest of the decade. This year, and perhaps 2026, will be the last years when the industry will experience any real impact from missed deliveries. By 2030, I expect both manufacturers, to have resumed normal operations,\u201d says Gediminas Ziemelis, chairman of Avia Solutions Group.<\/p>\n

\u201cThe more vocal critics of Airbus and Boeing are likely being opportunistic, seeking to leverage current challenges for better deals. When we placed our inaugural direct order with Boeing last year, we did so based on our confidence in the aircraft and the company. This conviction remains unwavering.\u201d<\/p>\n