Air Lease Foresees 12-16% Higher Rates On Airbus NEO
Air Lease Corp. (ALC) expects to lease the new Airbus A320NEO and A321NEO aircraft for 12-16% more than the equivalent current-model aircraft, and says the higher rate will improve the company’s margin on those types by least 10%. The Los Angeles-based lessor, which disclosed its expectations May 14...
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