Widebody lease rentals continue to rise as a consequence of increasing demand, despite the ongoing concern over the high price of fuel. The efficiency afforded by the newer widebodies is providing a stimulus for carriers seeking to mitigate the high price of fuel. Newer widebodies offer considerable fuel savings over their predecessors to the degree that the retirement of older types may be accelerated. The availability of newer widebodies has experienced a further improvement over the last quarter.
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