Aircastle expects to part-out half of the 16 aircraft with lease expirations scheduled this year. The planned retirements include at least one mid-aged Airbus A319 and many Boeing 767-300ERs. High engine values are the driving factor behind the decision to sell the parts instead of re-leasing or selling the jets, Aircastle executives said May 2 during the company’s first-quarter earnings conference call. “We have a team now to position us to benefit from the strength in engine ...
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