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Non-Tech : Genesis Lease -- Ignore unavailable to you. Want to Upgrade?

To: SirWalterRalegh who wrote (38)	10/29/2008 6:12:28 PM
From: Brian	Respond to of 58

Thanks for the report. Yes we will see tomorrow. I think a key will be the rate they can re-lease the 2 B737-800’s from Futura. Unfortunately we will probably have to wait a few months to find out as I seem to remember the Aloha re-leasing taking longer than expected (with better leasing rates I might add). The September durable goods report gives hope with the “surge in demand for airplanes” but the conventional thinking is that all of this turmoil must have lowered the value of airplanes. Hopefully the conference call tomorrow can give us some indication of what the current leasing rates might be. Today's 17.6% increase in share price on 799,840 shares traded (230% of average volume) also gives us hope for good news tomorrow!