瑞信-美股-金融行业-飞机租赁展望：租赁到期相关的专项调查显示了潜在的利率压力-2018.2.12-37页

DISCLOSUREAPPENDIXATTHEBACKOFTHISREPORTCONTAINSIMPORTANTDISCLOSURES,ANALYSTCERTIFICATIONS,LEGALENTITYDISCLOSUREANDTHESTATUSOFNON-USANALYSTS.USDisclosure:CreditSuissedoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethattheFirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.12February2018Americas/UnitedStatesEquityResearchSpecialtyFinanceAircraftLeasingOutlookANNUALResearchAnalystsMosheOrenbuch2125386795moshe.orenbuch@credit-suisse.comJamesUlan2123258235james.ulan@credit-suisse.comLeaseExpirationsRelevantasProprietarySurveySuggestsPotentialforRatePressureConclusion:Wearewatchingleaserenewalsmorecloselyinthecomingyearsforsignsofratepressure,thoughstillpositiveonAERandAL.Ourviewson