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| | Business Wire : Fitch: Aircraft Lease Rates To Fall Additional 15%-20%. @ HighBeam Research (Site not responding. Last check: 2007-11-04) |
 | | Aircraft lease rates are already down between 10%-50% from pre-Sept. 11 levels, and Fitch Ratings anticipates that lease rates will fall an additional 15%-20% or more in 2003, according to a new report on aircraft operating lease asset-backed securitizations (ABS) published yesterday by the rating agency. |
 | | Aircraft lease ABS transactions with the least liquid aircraft and the most terminations in the next 12-24 months will experience the highest cash flow impairment and, consequently, will be the most likely candidates for a rating downgrade. |
 | | 'It is hard to imagine a year more difficult for aircraft operating lease asset-backed securities than 2002, but, unfortunately, the worst is not over,' said Donald Powell, senior director, Fitch Ratings. |
| static.highbeam.com /b/businesswire/april042003/fitchaircraftleaseratestofalladditional1520/index.html (215 words) |
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