The ongoing recovery on the demand side has been stalled recently by bankruptcy filings, from several airlines that have caused over 50 narrow body aircraft, to be available for lease in the current market, over and above normal supply levels.We are concerned of the possibilities that marginal operators will either seize operation or reduce their fleets to right size their business over the coming months. Although, this will put downward pressure on the lease rates, in the short term, we expect rates to recover as airlines gradually absorb the oversupply.
FLY Leasing's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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