19-Mar-2009 4:28 PM
Babcock, Aercap, Aircastle on the move. Are aircraft leasing companies oversold?
Analysis
Leasing companies, Babcock and Brown (+1.7%), Aercap(+10.5%) and Aircastle (+7.2%) each enjoyed gains yesterday, as comments from the International Society of Transport Aircraft Trading Conference washed around the media. Babcock and Aircastle have experienced a very steep rise over the past week, with Babcock shares almost doubling.
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