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Airlines face a slew of higher costs in the coming year including higher insurance, fuel, labour and lease rates, the chief executive of major aircraft lessor SMBC Aviation Capital said on Thursday.
Managing those will be the industry's biggest challenge in the next 12-24 months despite a rebound in demand, Peter Barrett told the Airfinance Journal conference in Dublin.
(Writing by Tim Hepher; Editing by Conor Humphries)