August 19th 2021: Taken together, many of the stories in this issue reflect the growing confidence emerging across the aviation ecostructure. Latest data from Eurocontrol shows traffic is now in line with the most optimistic scenario it published at the beginning of June. The successful IPO of electric air taxi developer JOBY, Breeze Airways raising of $200 million in a funding round led by BlackRock and Knighthead Capital Management, and the exceptional pricing of ALC’s public offering of $600 million three year unsecured notes at 0.80 per cent and $500 million seven year notes at 2.10 per cent all demonstrate that the appetites of serious investors for aviation exposure has yet to be sated.