Widebody Rentals Remain Low

摘要

The low interest rates are inevitably having an effect on lease rentals when compared with previous levels but the market for used widebodies is perhaps not as strong as for narrowbodies and this is making it necessary for rentals to be realistic. The larger widebodies can be placed - notwithstanding the A380 - but remarketing takes time and effort. The need for reconfiguration for most widebodies requires effort well before the lease expires not least because of the potential delay in securing seats, galleys and lavatories. The larger widebodies may not see secondary leases at the levels previously expected as operators are conscious that higher fuel prices and lower fares are affecting the bottom line. Sale and leaseback transactions, which constitute an increasingly large proportion of new aircraft deliveries, continue to involve higher lease rates than those attributed to vanilla dry operating lease rentals. Lease rentals are provided by The Aircraft Value Analysis Company (AVAC) www.aircraftvalues.net (for China www.aircraftvalues.com).