The average age for commercial jet retirements dropped more than three percentage points in 2012 to 23.2 years, the lowest level in more than two decades, according to an Aviation Week data analysis and forecast. The shortening of retirements has important implications on aircraft financing, particularly on airframes more than five years in service, and has led to calls for a shorter depreciation period than the current standard, where aircraft are depreciated to 15% residual value over ...

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