Slumping Demand Batters Lease Rates For Used Jets, Engines

Three years ago, Rolls-Royce & Partners Finance was leasing an engine for a large narrowbody jet for $120,000 a month. Today, a similar powerplant commands a rate of just $50,000. Underpinning the 58% price cut is a simple equation: supply and demand. Slumping interest in used aircraft is forcing...

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