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Lessor Sees Faster Engine Break-Up Rate As New Models Arrive
June 08, 2012
Tight financing and big backlogs for Airbus A320NEO and Boeing 737 MAX aircraft are creating alarm in the engine leasing market, and Jon Sharp, president and CEO of Engine Lease Finance Corp. (ELFC), says his company is recording a higher-than-usual level of returns. “We have more and more engines...
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