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Amedeo CEO Update: Adapting To Market Conditions With Lower Rentals And Selling A New Life For The A380

Amedeo CEO Mark Lapidus says it is a “fascinating time and challenging” for the leasing business as a continued widespread focus on airline costs brings down lease rates. He outlines how the leasing business is having to adapt to the changing operating environment and lower rentals; how current market needs are allowing older aircraft that would previously perhaps have ended up in storage, to remain to service; and the lessor’s role in supporting airlines in what is increasingly becoming a commoditised world. He also highlights how the lessor is working on ways to place its Airbus A380s and how the aircraft can succeed in a role as an “efficient mass transport mover”.