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Higher fuel prices for between ​three and six months ‌would pressure the airline industry, but could bring ​benefits for aircraft lessors, ​the world's largest aircraft ⁠leasing company, AerCap (AER.N) ​said on Wednesday.

Prolonged high fuel ​prices could contribute to an acceleration in the retirement ​of older technology ​aircraft, Chief executive Aengus Kelly told ‌analysts ⁠in a conference call following the release of first quarter results.

"In ​particular, ​it ⁠is likely that we'd see increased ​sale lease back ​opportunities ⁠as airlines look to fund growth while preserving ⁠cash ​and prioritising ​liquidity," Kelly said.