PARIS—The sprawling aircraft-leasing community is bound to consolidate, though it is unlikely to get down to just a handful of players, the top executive of GE Capital Aviation Services (GECAS) said. “I think rationalization of leasing companies will occur over time, [but] that doesn’t mean we’re going to go from 150 back down to five,” GECAS president Alec Burger said during an investors briefing at the recent Paris Air Show. “It’s easy to invest ...

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