The head of Air Lease Corp. says the company sees no reason to adjust its long-held assumptions on aircraft useful life when planning its fleet strategy. “We’re quite happy with our depreciable life of 25 years across all of our product line,” says Steven Udvar-Hazy, Air Lease’s founder and CEO. “We just don’t see any evidence that [useful life assumptions] should be shortening, either from the aircraft maintenance structural point of view [or] from the economic life point of view.” ...

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