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Avolon says jet lease fees to rise on higher interest rates
Abstract：DUBLIN (Reuters) – The head of the worlds second-largest aircraft leasing company warned airlines on Thursday of higher lease rates and declared “the game is up” on below-cost financing as interest rates rise.
div classBodysc17zpet90 cdBBJodivpDUBLIN Reuters – The head of the worlds secondlargest aircraft leasing company warned airlines on Thursday of higher lease rates and declared “the game is up” on belowcost financing as interest rates rise.p
p“Lessors have been unbelievably accommodating during the crisis out of necessity and we now need to recover our P&Ls,” Avolon Chief Executive Domhnal Slattery told the Airfinance Journal conference in Dublin.pdivdivdiv classBodysc17zpet90 cdBBJodiv
p
pp Reporting by Tim Hepher Editing by Conor Humphriesp
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