Air Lease Lowers CAPEX, Supports Rental Relief Demand from Airlines



Reuters reported that Air Lease will reduce capital expenditures on new aircraft to enhance liquidity and fulfill airline’s needs for rental relief.

Air Lease is working with aircraft manufacturers to modify its delivery schedule, according to Reuters.

Reuters noted that Air Lease has already provided $125 million in rentals to its airline customers.

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
terry.mulreany@monitordaily.com
Susie Angelucci
Advertising: 484.459.3016
susie.angelucci@monitordaily.com

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com