Kroll Bond Rating Agency (KBRA) believes that aircraft values and lease rate declines will be contingent on two factors, namely, the speed of economic recovery and the path that surviving airlines take in deciding the composition of their fleets post-coronavirus. Roughly half of the total global passenger fleet was parked as a result of severe travel restrictions said Kroll in its report on aircraft and lease values in the face of COVID-19. Further, the ratings agency said that many aircraft may be removed from service through early retirement and or be returned to lessors at lease end, in anticipation of
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