In October 2022, the aircraft finance world descended on New York for a series of conferences hosted by Airfinance Journal, Ishka, and Airline Economics, respectively, along with meetings of the Aviation Working Group (“AWG”) and the Wings Club Foundation’s 80th Annual Awards Gala.
Outside of Asia, summer travel has seen a large recovery and this has coincided with a large uptick in demand for narrowbody aircraft by both airlines and lessors.
With the last U.S. dollar (“USD”) LIBOR tenors being discontinued on June 30, 2023, the time has come for borrowers and lenders (and lessees and lessors) to think about replacing LIBOR in their existing facilities.
It’s hard to overstate the amount of turbulence experienced by the aviation finance market over the last three years. After a banner 2019, when asset-backed securitizations —a key source of capital for many aircraft leasing companies — hit a record high of $10.4 billion, Covid effectively shut down the market in 2020. Deal volume soared…
After a two-year hiatus due to the pandemic, the Airline Economics and AirFinance Journal conferences returned to Dublin this month.
Since February 24, 2022, Russia’s invasion of Ukraine has led to unimaginable human suffering, a growing refugee crisis and a rising death toll. The invasion sparked a global response as governments moved to sanction the Russian economy.
On July 22, 2020, the Environmental Protection Agency (“EPA”) proposed a rule establishing Greenhouse Gas (“GHG”) emissions standards for larger civilian jet and turboprop aircraft. Civilian aircraft account for ten percent of U.S. transportation-related, and about three percent of U.S. total, GHG emissions.
It’s hard to overstate the damage of the COVID-19 pandemic to the airline industry. As travel demand around the world has plummeted, the resulting crisis for airlines has been unprecedented — far worse than what they experienced in the wake of the September 11 terrorist attacks. In the face of this seismic challenge, Southwest Airlines…
Anyone who has ever listened to a quarterly earnings call knows the drill: Executives read a prepared statement, rehash the company’s financial results, and answer often softball questions from Wall Street analysts. But for AirTran Airways, a seemingly run-of-the-mill earnings call would trigger a ten-year long antitrust class action battle with billions of dollars in…