2-Oct-2009 1:31 PM

Ascend reports the following lease rate changes in Sep-2009

  • Boeing 737-300 Lease Rates down (15-Sep-2009) between 12% and 19% to USD65,000 to USD115,000 (for year of build from 1984 to 1999);
  • Boeing 737-400 Lease Rates down (15-Sep-2009) between 7% and 9% to USD100,000 to USD140,000 (for year of build from 1988 to 1999);
  • Boeing 737-500 Lease Rates down (15-Sep-2009) between 7% and 13% to USD70,000 to USD95,000 (for year of build from 1989 to 1999).

Ascend: Boeing 737 Classic rates have been reduced further as the types are getting increasingly difficult to place and we expect to see them under continuing pressure during the winter,” Company statement. Source: Ascend, Sep-2009.

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