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Monday, February 16, 2009

Lease Rentals “Set To Decline” in 2009

Lease rentals of narrowbodies currently in production are set to experience further weakness according to lessor CIT Aerospace. According to Alexander Mason of the CIT Group during the Q4 20008 Earnings Call held in late January 2009, Mason stated “2008 was a stellar year for our air segment as the segment...

 
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