Steven Udvar-Hazy

Steven Udvar-Hazy, founder and executive chairman of Air Lease Corporation, shares his remarkable journey from escaping Communist Hungary to becoming a billionaire in aviation. He reveals his early obsession with planes and how he pivoted from founding an airline to establishing a successful leasing company during the jet age. Udvar-Hazy also discusses the emotional challenges of his family's escape, the dynamics of the aircraft leasing industry, and his philanthropic efforts to inspire future generations through aviation.

Steven Udvar-Hazy, Executive Chairman of Air Lease Corp, discusses the challenges of aircraft purchases and sustainability targets, reasons behind not ordering the 777X, the potential impact of Airbus A321XLR on transatlantic flights, geopolitical risks and the leasing business in air travel, and the role of LCCs and ULCCs in the airline market.