personal debt

Donors Consider Bank Debt As Aircraft ABS Issuing Halts

Market collapse puts most transactions on hold, well-established automotive ABS programs have best chance of survival with primary issuance during crisis As the aviation industry is among the hardest hit by the coronavirus pandemic, aircraft emissions have now come to a halt. This comes after the last two years in which asset-backed aircraft lease transactions, […]

personal debt

Investors make money from aircraft leasing funds

LONDON — The coronavirus pandemic has upset the airline industry, stopping the trip and immobilizing the planes. Now the pain of the industry is spreading to a little-known corner of the market where investors have enjoyed exhilarating returns for years. So-called specialty aircraft leasing funds have generated income for yield-hungry investors. These funds buy jets […]

personal debt

Weekly Wrap: Castlelake Relaunches Aircraft ABS Sector

By offering a host of new protections to investors, Castlelake Aviation hopes its new aircraft rental securitization will boost an ABS sector hit hard by the COVID-19 pandemic. On Thursday, Castlelake valued $ 595 million in banknotes issued through its 2021-1 Castlelake Aircraft Structured Trust vehicle, the first passenger jet securitization since February 2020 and […]