AYR » Topics » Changes in global economic conditions could adversely affect the profitability of our business.

These excerpts taken from the AYR 10-K filed Mar 2, 2009.
Changes in global economic conditions could adversely affect the profitability of our business.
 
The global economy is currently experiencing a recession, with an almost unprecedented lack of availability of business and consumer credit in many regions. This current decrease and any future decrease in economic activity in the regions of the world in which we do business could significantly and adversely affect our results of operations and financial condition in a number of ways. Any decline in economic conditions may adversely affect the results of operations of our customers, reducing the capability of our customers to make payments to us and to comply with other obligations under our leases, thereby reducing our revenues and earnings. Further, bankruptcies or similar events involving our lessees may cause us to incur repossession and re-leasing expenses at levels higher than historically experienced. The consequences of a prolonged recession may include reduced demand for leased aircraft, resulting in reduced aircraft lease rates and aircraft values.
 
Changes
in global economic conditions could adversely affect the
profitability of our business.



 



The global economy is currently experiencing a recession, with
an almost unprecedented lack of availability of business and
consumer credit in many regions. This current decrease and any
future decrease in economic activity in the regions of the world
in which we do business could significantly and adversely affect
our results of operations and financial condition in a number of
ways. Any decline in economic conditions may adversely affect
the results of operations of our customers, reducing the
capability of our customers to make payments to us and to comply
with other obligations under our leases, thereby reducing our
revenues and earnings. Further, bankruptcies or similar events
involving our lessees may cause us to incur repossession and
re-leasing expenses at levels higher than historically
experienced. The consequences of a prolonged recession may
include reduced demand for leased aircraft, resulting in reduced
aircraft lease rates and aircraft values.


 




This excerpt taken from the AYR 10-Q filed Nov 17, 2008.
Changes in global economic conditions could adversely affect the profitability of our business.
 
The global economy is currently experiencing a recession, with an almost unprecedented lack of availability of business and consumer credit in many regions. This current decrease and any future decrease in economic activity in the regions of the world in which we do business could significantly and adversely affect our results of operations and financial condition in a number of ways. Any decline in economic conditions may adversely affect the results of operations of our customers, reducing the capability of our customers to make payments to us and to comply with other obligations under our leases, thereby reducing our revenues and earnings. Further, bankruptcies or similar events involving our lessees may cause us to incur repossession and re-leasing expenses at levels higher than historically experienced. The consequences of a prolonged recession may include reduced demand for leased aircraft, resulting in reduced aircraft lease rates and aircraft values.
 
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