In this issue
The hedge provided by aircraft ABS to fixed income investors is an attractive feature of the aviation finance capital markets as we enter 2015 as a protection against gently rising interest rates. Of course, aircraft lease rates depend on more than interest rates, and those factors receive a thoroughgoing assessment in Dick Forsberg's Perspectives article and other articles in this issue. Writing in an earlier issue of Aviation Finance, Forsberg outlined the conditions underlying a 'Golden Age' in aviation. As 2015 dawns, those conditions are still intact.

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