Airlines facing headwinds in funding fleet upgrades

Discussion in 'General Discussion | Travel' started by guinnessxyz, Jan 8, 2013.


    Funding pressures are up because of ongoing global economic uncertainty, the European
    sovereign debt crisis, the recent downgrading of several European banks and the growing
    difficulty in obtaining U.S. dollar funding, it says.
    Also putting pressure on pricing are new, more market-oriented policies by leading export credit
    agencies, including Export Development Canada.
    Airlines will likely accelerate the search for alternative sources of funding and might also be
    forced to pass on higher aircraft funding costs to consumers via more expensive tickets, the
    PwC report says.

    See full article for more info

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