TOKYO -- Aircraft lease rates have regained altitude, led by smaller jets, as the rebound in global passenger numbers outpaces production slowed by labor shortages.
Transportation
Aircraft lease rates near pre-COVID levels for narrow-body jets
Travel recovery and production bottlenecks drive up costs for airlines
Lease rates for narrow-body aircraft like Boeing's 737 MAX 8 are around pre-pandemic levels. (Photo by Minoru Satake)
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