Bob Lyons

“We don't plan to go through line by line like we did at the beginning of the year. What I can tell you is that mid-year, we're essentially very close or slightly above the guidance that we provided almost across the board on line by line.”

“And first of all, the integration is going very well, probably ahead of where we anticipated we would be today. You know, as we noted back in January, we did the cutover of all of the fleet data in one step on January 1st, and that was a major undertaking, and it was very successful.”

“And I would go back a couple of years ourselves here and say, when we were looking at an environment where interest rates were likely going to be moving higher, we also were somewhat uncertain about what kind of an impact that might have in the secondary market.”

“Given that we're now past the halfway point of the year, I thought I'd add some comments to complement Shari's introduction, and I'll focus on the overall environment versus the expectations we had coming into the year.”

“Whether it's versus last year's first quarter or the fourth quarter, relatively flat. But again, keep in mind we've had a really substantial increase in lease rates over the course of the last couple of years.”