February 4th 2021 The severity of the third wave of Covid-19 mitigated by daily improvements on the vaccine news front have combined to clarify the nature and scale of the challenges facing aviation financing. But a combination of steadfast resilience and the courage to persevere with sound business plans, along with innovation and creativity in finance, are key to the successful recovery. Examples such as AFIC's innovation, new approaches in securitisation, to legal remedies, such as NAS's reorganisation, as reported in this issue, will hasten the recovery when it comes. Also: Aircastle prices $750m senior notes; DAE prices $300m, redeems $500m notes; Anderson to become CCO at AerCap; Board changes at Nordic Aviation Capital; BOC sells five aircraft to Sirius; GOAL sells two E190-100LRs to US lessor; Flair Airlines adds 13 new 737 MAX 8s; Oliver Wyman predicts 2030 fleet of over 36,500 units; Doric in engine securitisation; easyJet Q1 sale and leasebacks raise $1bn; SMBC Aviation Capital deliveries; Thomas Cook Balearics to dissolve.