Airline Financial moderns 12-03-2001 Industry Faces Worst Aircraft Lease Rates In Decade Volume: 19 Number: 45 ISSN: 10405410 Publication Date: 12-03-2001 Page: 1 Type: Periodical Language: English The aircraft industry may sustain the worst value and lease rate declines in a decade owing to the Sept.
The aircraft industry may sustain the worst value and lease rate declines in a decade owing to the Sept. 11 terrorist attacks and a weak economy, according to analysts at Fitch Inc., an international ratings company. They say lease payments could fall 10-50 percent in the near word
The aircraft recession of 1990-1992 has been a benchmark for gauging an industry downturn. According to the analysts,