lessor

“Traditional lessors are not set up to take risk on what that amount will be,” said Jacqueline Torres, head of finance at Forum.

But on Thursday, Davis said that the lessor had pulled out of the deal.

The estate of a laborer killed on the job has reached a $9.8 million settlement with the city of Marysville, its Canadian contractor and the lessor of a machine that killed him.

Still, the matter creates a new headache for airlines and lessors that discover suspect parts on their aircraft.

The sector has gone through major consolidation in recent years, with private equity firms jumping in to buy smaller lessors and large players bulking up.