(Reuters) - Leasing pioneer Steven Udvar-Hazy cast doubt on the production ambitions of leading planemakers on Wednesday and called on Boeing (NYSE:BA) to revisit longer-term plans for a new mid-market jet with 200-plus seats to close a gap with Airbus.
The executive chairman of Air Lease (NYSE:AL) said production targets of the two planemakers were "highly optimistic" and told the J.P. Morgan Industrials Conference: "We're much more realistic and do not anticipate that they'll be able to reach those targets in the timeframes that they've stated."