09-Feb-2009 4:41 PM
Airbus and Boeing cutbacks in the air says ILFC's Udvar-Hazy
Analysis
Arguably ILFC's CEO, Steven Udvar-Hazy, has a reason to talk down likely aircraft production by Airbus and Boeing in 2009. ILFC is the largest aircraft leasing company and is currently for sale, with the next round of bids due later this month. Any reduction in supply will be good for the leasing company, especially as aircraft values continue to fall. Fewer aircraft should help keep prices high.
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