The anticipated rise in interest rates, combined with strong underlying demand for aircraft will lead to higher lease rates, Air Lease Corp. (ALC) CEO John Plueger forecasts. “The utra-low lease rates are not sustainable,” Plueger told the Airline Economics Growth Frontiers conference in Dublin, pointing to sale-and-leaseback transactions in particular.  His comments were echoed by ALC executive chairman Steven Udvar-Hazy. In strong words, he criticized the ...

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