Nearly halfway into 2019, major aircraft lessors are breathing a sigh of relief. The global Boeing 737 MAX grounding is not dooming their financial results and may even help in the short term. Global economics have not fallen off a cliff and interest rates have not shot further up—and may even fall again in the US.  More importantly, commercial passenger traffic remains robust, albeit not at previous growth rates, and demand for leased aircraft generally remains strong. The ...

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