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AYR » Topics » Risks associated with the concentration of our lessees in certain geographical regions could harm our business.These excerpts taken from the AYR 10-K filed Mar 2, 2009. Risks
associated with the concentration of our lessees in certain
geographical regions could harm our business.
Our business is exposed to local economic and political
conditions that can influence the performance of lessees located
in a particular region. Such adverse economic and political
conditions include additional regulation or, in extreme cases,
requisition. In 2008, the combination of unprecedented fuel
price volatility, the inability of many companies to access the
capital markets and a slowing economy has impacted the global
aviation market, causing severe financial strain and a number of
bankruptcies. The effect of these conditions on payments to us
will be more or less pronounced, depending on the concentration
of lessees in the region with adverse conditions. For the year
ended December 31, 2008, lease rental revenues from lessees
by region, were 46% in Europe, 13% in North America, 24% in
Asia (including 10% in China and 7% in India), 7% in Latin
America, and 10% in the Middle East and Africa.
Risks associated with the concentration of our lessees in certain geographical regions could harm our business. Our business is exposed to local economic and political conditions that can influence the performance of lessees located in a particular region. Such adverse economic and political conditions include additional regulation or, in extreme cases, requisition. In 2008, the combination of unprecedented fuel price volatility, the inability of many companies to access the capital markets and a slowing economy has impacted the global aviation market, causing severe financial strain and a number of bankruptcies. The effect of these conditions on payments to us will be more or less pronounced, depending on the concentration of lessees in the region with adverse conditions. For the year ended December 31, 2008, lease rental revenues from lessees by region, were 46% in Europe, 13% in North America, 24% in Asia (including 10% in China and 7% in India), 7% in Latin America, and 10% in the Middle East and Africa. This excerpt taken from the AYR 10-Q filed Nov 17, 2008. Risks
associated with the concentration of our lessees in certain
geographical regions could harm our business.
Our business is exposed to local economic and political
conditions that can influence the performance of lessees located
in a particular region. Such adverse economic and political
conditions include additional regulation or, in extreme cases,
requisition. In 2008, the combination of an unprecedented rise
in the price of fuel, inability of many companies to access the
capital markets and a slowing economy has impacted the global
aviation market, causing a number of bankruptcies and severely
weakening the financial position of others. The effect of these
conditions on payments to us will be more or less pronounced,
depending on the concentration of lessees in the region with
adverse conditions. For the quarter ended September 30,
2008, lease rental revenues, as a percentage of total revenues,
from lessees in the following regions, were 45% in Europe, 12%
in North America, 24% in Asia (including 9% in China and 10% in
India), 8% in Latin America, and 10% in the Middle East and
Africa.
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