Firstly, as reports start to circulate that 777-300ER owners are seeing GE90 engines visiting repair shops far more than was planned due to corrosion, we are able to once again point out that we ran that story first in November 2011 with updates each year, most recently updated in Issue 16 of Airline Economics. We maintain our view that these engines continue to increase in value as parts and spares are sought, but the 777-300ER currently has an overvalued residual curve until additional shop visits are taken into account and that will continue until GE is able to solve the

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