Premium long-haul traffic remains robust and customers filling these seats drive profitability for legacy and flight carriers around the world. But with that said, the short-haul, charter and low cost carriers are clearly feeling the pinch of the slowing global market environment.And this may impact demand for leased aircraft in the foreseeable future. While it is true that a handful of European and US carriers are shrinking their capacity, most networks are on hold or growing service leads. We have been predicting for several years that the fleeting requirements of the US legacy carriers would push demand for aircraft to higher levels. And this dynamic is clearly taking hold in the industry.
Fly Leasing Limited CEO Discusses Q3 2011 Results - Earnings Call Transcript
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