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Strong International Demand Lifts U.S. Leasing Companies Out Of Slump

May 30, 2005

The U.S. aircraft leasing industry is poised for a substantial comeback in coming years following a severe slump after 9/11. The brisk resurgence of demand for widebody and narrowbody aircraft is coming from countries such as China and India, as well as those in the Middle East and Europe. Some lease rates have climbed as much as 50 percent over the past year, and the industry is hopeful this is the beginning of a sustained recovery. U.S. leasing companies generally posted better first quarter numbers this year than last.

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