THE STRENGTH AND longevity of the current aircraft buying cycle continues to surprise, but is it a legitimate reflection of the underlying vitality of the global economy or a bubble that is soon to burst? Among aircraft financiers and asset managers with whom ATW spoke, the consensus is that it's the former. They cite heavy demand for air travelparticularly in emerging markets such as India, Eastern Europe and Russiaa genuine shortage of modern lift, and the availability of ...

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