12-May-2011 10:54 AM

ILFC states number of airlines making late lease payments doubled in 1Q2011

ILFC reports 17 customers were at least two months late in paying USD36.2 million in lease payments in 1Q2011 (Reuters, 11-May-2011). The number of customers at least two months behind in lease payments is now at the highest level since the end of 3Q2009. To the end 4Q2010, eight customers were two months late on USD11.1 million in payments.