Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Editorial: The year of the lessor

07 March 2011

Over the next week Airfinance Journal will reveal 13 deal of the year winners online.

Tags: deals of the year 2010  |  editorial

Last year was the Chinese year of the tiger. But in aviation, 2010 was the year of the lessor. The capital markets returned fiercely with deep pockets for several issuers in this market, both old and new. That is why the awards recognize leasing companies' efforts to do deals and make markets in 2010.

The industry had more than $60 billion-worth of aircraft delivering last year - and aircraft leasing companies accounted for about 25% of those deliveries.

While lending to an aircraft lessor is a more secure investment - the portfolio is often spread out over multiple types of assets and credit risks - in times of strained liquidity airlines usually get preferential treatment from the banks. Airlines, after all, are the operators.

But, as lessors grow their share of the market from 25% to a predicted 40% over the next decade, according to some estimates, funding these companies...

To continue reading this article..

Featured deal

Avolon | 04-23 | Debt facility | 21 aircraft 27/04/2015
Latest Deal Status Financial close
Overall Arrangers
Use of Proceeds
Law firm Clifford Chance, Freshfields

DEALS DATABASE GUIDE

To find out more information, or to request a product demonstration, contact: chris.welding@euromoneyplc.com or call Chris on +44 (0)20 7779 8015.

Latest Poll

Bank LTVs for a BB-rated or equivalent rated airline for 10-year secured bank debt for two new 737s, are now approximately:






Upcoming Events