Higher prices expected for export credit

AIRFINANCE JOURNAL ARTICLE – PAID SUBSCRIPTION REQUIRED FOR FULL ACCESS
After long negotiations, the industry is waiting to hear the outcome of the Organisation for Economic Cooperation and Development (OECD) discussions about the Aircraft Sector Understanding (Asu). "We are moving to a revamping of the Asu," says a source involved in the talks. "They are about to reach an agreement."
While the negotiations have not concluded, most industry insiders are expecting the new Asu to be agreed before the end of 2010. "There appears to be a strong will by all the governments to get this in place by mid-December and applied by January," says an interested party.

One of the reasons for revising the original terms is to......

---------------------------------------------------------------------------------------------------------------------------------
Visit myairlease.com for Lessors, Appraisers, Financing firms, Legal firms and much more!
---------------------------------------------------------------------------------------------------------------------------------