Further, consumers will start to replace its aging fleet and switch to more fuel-efficient cars.
One of the big problems concerning ILFC is its aging fleet, declining fleet size and declining lease rate.
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It slashed new bus orders, leaving itself with an aging fleet (and a 5% jump in maintenance expenses).
Part of the increase in demand is due to the aging fleet of commercial trucks now on the road.
American, which replaced its top operations executive last month, says its aging fleet has led to increased cancellations because of more mechanical breakdowns.
So with their aging fleet of barely 160 long-range bombers facing a growing array of operational challenges, Air Force leaders have reluctantly come to the conclusion that they need to buy a new bomber.
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Chuck Jacobus's 11-year-old minivan, for instance, may not perform perfectly, but Team Cybernet wants to prove it can retrofit its robotic technology onto any car, even the U.S. Army's aging fleet, whose vehicles Jacobus says are an average of 13 years old.
That aging fleet, which has been a boon for auto repair retailers like AutoZone and Pep Boys, will need to be replaced in coming years, which bodes well for an industry that has transformed into one that can be profitable at lower sales rates.
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In 2006 the mine decided to upgrade its equipment, including the aging Cat fleet, its managers say.
But, these were offset by the recovery in residential investment and consumer spending on durable goods which was boosted in part by an aging auto fleet feeding new car sales.
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That said, Detwiler adds that with improved hardware and distribution, as well as an aging laptop fleet in Western markets, demand for Windows 8 tablets should improve in the 2013 second half.
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And the entire fleet of vehicles is not aging gracefully either, with an average age of 13 years, made worse by years of tough use.
For the most part, America's fleet of C-17s and aging C-5 cargo planes has held up relatively well, even as they labor to support demanding combat operations over exceedingly long distances.
Japan wants to replace the aging F-4 Phantom fighters in its fleet with newer fighter planes.
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