|
|
 | | | |
- close
- close
- close
- close
AYR » Topics » Due to the fact that many of our lessees operate in emerging markets, we are indirectly subject to many of the economic and political risks associated with competing in such markets.These excerpts taken from the AYR 10-K filed Mar 2, 2009. Due to
the fact that many of our lessees operate in emerging markets,
we are indirectly subject to many of the economic and political
risks associated with competing in such markets.
Emerging markets are countries which have less developed
economies that are vulnerable to economic and political
problems, such as significant fluctuations in gross domestic
product, interest and currency exchange rates, civil
disturbances, government instability, nationalization and
expropriation of
Table of Contents
private assets and the imposition of taxes or other charges by
governments. The occurrence of any of these events in markets
served by our lessees and the resulting instability may
adversely affect our ownership interest in an aircraft or the
ability of lessees which operate in these markets to meet their
lease obligations and these lessees may be more likely to
default than lessees that operate in developed economies. For
the year ended December 31, 2008, 38 of our lessees which
operated 73 aircraft and generated lease rental revenue
representing 49% of our lease rental revenue are domiciled or
habitually based in emerging markets.
Due to the fact that many of our lessees operate in emerging markets, we are indirectly subject to many of the economic and political risks associated with competing in such markets. Emerging markets are countries which have less developed economies that are vulnerable to economic and political problems, such as significant fluctuations in gross domestic product, interest and currency exchange rates, civil disturbances, government instability, nationalization and expropriation of
Table of Contentsprivate assets and the imposition of taxes or other charges by governments. The occurrence of any of these events in markets served by our lessees and the resulting instability may adversely affect our ownership interest in an aircraft or the ability of lessees which operate in these markets to meet their lease obligations and these lessees may be more likely to default than lessees that operate in developed economies. For the year ended December 31, 2008, 38 of our lessees which operated 73 aircraft and generated lease rental revenue representing 49% of our lease rental revenue are domiciled or habitually based in emerging markets. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. Due to
the fact that many of our lessees operate in emerging markets,
we are indirectly subject to many of the economic and political
risks associated with competing in such markets.
Emerging markets are countries which have less developed
economies that are vulnerable to economic and political
problems, such as significant fluctuations in gross domestic
product, interest and currency exchange rates, civil
disturbances, government instability, nationalization and
expropriation of private assets and the imposition of taxes or
other charges by governments. The occurrence of any of these
events in markets served by our lessees and the resulting
instability may adversely affect our ownership interest in an
aircraft or the ability of lessees which operate in these
markets to meet their lease obligations and these lessees may be
more likely to default than lessees that operate in developed
economies. For the three months ended September 30, 2008,
32 of our lessees which operated 68 aircraft and generated lease
rental revenue representing 51% of our total revenue are
domiciled or habitually based in emerging markets.
| EXCERPTS ON THIS PAGE:
RELATED TOPICS for AYR: |
| |||||||
