The Bearish Pushback on Air Cap Leasing

I'm not that nervous about air cap though, because I think that you can still have planes flying around with lower load factors. That could actually mean decreased economics for the airline. It's a more tricky and that combined with the fact that the stock is now rerated back to 80% of book value. And since I sold my shares, the stocks have gone up 10% or more. But the market's saying a different thing to what I'm saying. The watchword from Angus Kelly, the CEO of air cap was basically put shareholder returns first. We're going to get younger; we're also going to have less reliance on wide bodies.