Genesis Lease: Picking Among the Rubble [View article]
1. ATA and Aloha leased aircraft will go back to leasing companies for releasing. ATA had 29 and Aloha 21 aircraft; I believe, most were leased. The market for leased planes is large and should absorb them easily. Also, as airlines become more troubled financially, they prefer to lease rather than own as requires less committed capital. In 1980, 3% of all planes were leased; in 2003, the number grew to over 30%. 2. Bear has some responsibility for the drop probably. 3. For support of 8 year accelerated depreciation of airlines in Ireland, look at GLS CEO report at JP Morgan conference 3/18/08.
Genesis Lease: Picking Among the Rubble [View article]
2. Bear has some responsibility for the drop probably.
3. For support of 8 year accelerated depreciation of airlines in Ireland, look at GLS CEO report at JP Morgan conference 3/18/08.