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THE DIFFERENCE A YEAR MAKES

Finally, the aviation industry agrees on something. Existing leases have been extended and rates have gone up. Airfinance Journal contacted a number of appraisers for their views on aircraft lease rates for the next 12 months and sent these to major lessors for their response. The feedback was surpr...

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Bibliographic Details
Published in:Airfinance Journal 2006-12, p.1
Format: Article
Language:English
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Summary:Finally, the aviation industry agrees on something. Existing leases have been extended and rates have gone up. Airfinance Journal contacted a number of appraisers for their views on aircraft lease rates for the next 12 months and sent these to major lessors for their response. The feedback was surprisingly candid. Airfinance Journal solicited appraisals on the forthcoming year's lease rates from five of the main aviation consultant firms. Appraisals were devoted to larger aircraft from manufacturers such as Boeing and Airbus. Airfinance Journal compiled the data and sent it to the main leasing companies (as listed in our most recent Global Leaders Yearbook 2006) for comment. The rates broadly reflect the market where lessors struggle to match supply with rising demand because of increased GDP growth. Operators have found that they cannot get their hands on aircraft quick enough and have turned to older jets in lessors' backlogs.
ISSN:0143-2257