This edition of Point-to-Point explores the role of airline leverage as a contributor to success of the global aviation industry. Carriers that have successfully deleveraged have struck a balance between airplane asset value and its credit worthiness that help reduce industry volatility and risk. Mike Bair, who has led planning for the future of the popular single-aisle 737 product, talks about the company's decision to product the new engine 737 MAX. We introduce the members of the MAX family and report on the U.S. and European certification of the new 787 Dreamliner. As always, we welcome your feedback and suggestions for future Point-to-Point articles. |