Copying and distributing are prohibited without permission of the publisher
Editorial: An international EETC is inevitable, but a long way off
03 February 2012
Non-US airlines will look to the capital markets to finance aircraft, but a suitable EETC structure will be necessary to convince US investors.
Read more:
Capital Markets
EETC
Up until this year US carriers and investment-grade airlines had pretty much dominated the capital markets.
Airlines in the US have used enhanced equipment trust certificates (EETCs) to fund aircraft because the European debt markets have been more expensive than the capital markets.
It will require a mental shift for international carriers to migrate from funding aircraft within the bank market, both in terms of size and pricing expectation.
Traditionally, the capital...
Take a free website trial to view this article. It's easy to get a trial - just follow this link or email sbains@euromoneyplc.com.
Alternatively, if you're already a subscriber or have a trial, simply log in below to read the article.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
