Company Watch - Boeing

New York (AirGuideBusiness - Company Watch) Mar 21, 2010. AerCap has suspended buying new aircraft in part because it thinks it can get a better deal from rivals in distress than from Airbus or Boeing. Chief executive Klaus Heinemann says the 290-aircraft lessor, which saw net profit rise 9% in 2009 to $165.2 million and expects to close its acquisition of rival Genesis this month, has to be sure that "whatever bargain purchase we might get from a manufacturer is better than a bargain purchase we might get by taking care of an orderbook of a competitor that can't cope with it". Mar 9, 2010