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AYR » Topics » The concentration of aircraft types in our aircraft portfolio could lead to adverse effects on our business and financial results should any difficulties specific to these particular types of aircraft occur.These excerpts taken from the AYR 10-K filed Mar 2, 2009. The
concentration of aircraft types in our aircraft portfolio could
lead to adverse effects on our business and financial results
should any difficulties specific to these particular types of
aircraft occur.
Our owned aircraft portfolio is concentrated in certain aircraft
types. In addition, we have a significant concentration of
freighter aircraft in our portfolio and in our aircraft
acquisition commitments, and we have growing exposure to risks
in the cargo market. Should any of these aircraft types (or
other types we acquire in the future) or Airbus or Boeing
encounter technical, financial or other difficulties, a decrease
in value of such aircraft, an inability to lease the aircraft on
favorable terms or at all, or a potential grounding of such
aircraft could occur. As a result, the inability to lease the
affected aircraft types would likely have an adverse effect on
our financial results to the extent the affected aircraft types
comprise a significant percentage of our aircraft portfolio. The
composition of our aircraft portfolio may therefore adversely
affect our business and financial results. In addition, the
abandonment or rejection of the lease of any of the aircraft by
one or more carriers in reorganization proceedings under
Chapters 11 or 7 of the U.S. Bankruptcy Code or
comparable statutes in
non-U.S. jurisdictions
may diminish the value of such aircraft and will subject us to
re-leasing risks.
The concentration of aircraft types in our aircraft portfolio could lead to adverse effects on our business and financial results should any difficulties specific to these particular types of aircraft occur. Our owned aircraft portfolio is concentrated in certain aircraft types. In addition, we have a significant concentration of freighter aircraft in our portfolio and in our aircraft acquisition commitments, and we have growing exposure to risks in the cargo market. Should any of these aircraft types (or other types we acquire in the future) or Airbus or Boeing encounter technical, financial or other difficulties, a decrease in value of such aircraft, an inability to lease the aircraft on favorable terms or at all, or a potential grounding of such aircraft could occur. As a result, the inability to lease the affected aircraft types would likely have an adverse effect on our financial results to the extent the affected aircraft types comprise a significant percentage of our aircraft portfolio. The composition of our aircraft portfolio may therefore adversely affect our business and financial results. In addition, the abandonment or rejection of the lease of any of the aircraft by one or more carriers in reorganization proceedings under Chapters 11 or 7 of the U.S. Bankruptcy Code or comparable statutes in non-U.S. jurisdictions may diminish the value of such aircraft and will subject us to re-leasing risks. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. The
concentration of aircraft types in our aircraft portfolio could
lead to adverse effects on our business and financial results
should any difficulties specific to these particular types of
aircraft occur.
Our owned aircraft portfolio is concentrated in certain aircraft
types. In addition, we have a significant concentration of
freighter aircraft in our portfolio and in our aircraft
acquisition commitments, and we have growing exposure to risks
in the cargo market. Should any of these aircraft types (or
other types we acquire in the future) or Airbus or Boeing
encounter technical, financial or other difficulties, a
diminution in value of such aircraft, an inability to lease the
aircraft on favorable terms or at all, or a potential grounding
of such aircraft could occur. As a result, the inability to
lease the affected aircraft types would likely have an adverse
effect on our financial results to the extent the affected
aircraft types comprise a significant percentage of our aircraft
portfolio. The composition of our aircraft portfolio may
therefore adversely affect our business and financial results.
In addition, the abandonment or rejection of the lease of any of
the aircraft by one or more carriers in reorganization
proceedings under Chapters 11 or 7 of the
U.S. Bankruptcy Code or comparable statutes in
non-U.S. jurisdictions
may diminish the value of such aircraft and will subject us to
re-leasing risks.
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