THE ESCALATION CLOCK IS TICKING

Alas, Macquarie is the only bidder for Alafco - just as we were told in 2021 when it entered the sale process.

Will escalation risk on the older Airbus purchase agreements be too much for the lessor? Higher interest rates are here. Sure, airlines can push back on pricier lease rates, but lessors will say, 'read your leases carefully'.