Story ID: 154AviationFiinanceDec15
Aviation Finance 2015
By: Curt Epstein
Caption: The rising dollar and declining aircraft residual values are proving to be a drag on the industry’s recovery.
Word Count: 73
With the economic downturn now seven years in the rear-view mirror, the U.S. economy has continued its slow but steady recovery this year, reaching, in the eyes of most of the world, an enviable streak of 22 consecutive quarters of expansion. But the strengthening of the U.S. dollar has placed a chill on the international business jet market, which is still dealing with the effects of declining aircraft residual values.