- Latest Edition (November 28th): The aviation asset investment opportunity
- November 14th edition:
- October 31st Edition: No end in sight for supply chain delays
- October 17th edition: The aviation finance market and the known unknowns
- October 3rd edition: Air passenger travel to reach record levels in 2024
- September 19th edition: ABS market rebounds strongly in Q3
Sustainable Aviation Irish leasing industry backs credits system to boost SAF adoptionAircraft Leasing Ireland (ALI), the Irish aircraft leasing industry representative group has announced its support for the expedited development of 'book-and-claim' accounting under voluntary reporting and compliance frameworks. The proposal was made at ALI’s third Global Aviation Sustainability Day Conference in Dublin with the group stating such a move would enhance access to Sustainable Aviation Fuel (SAF), which is a key part of the global aviation industry's strategy to meet its carbon emissions reduction goals. Aviation Investment Oaktree sees major opportunity in aircraft leasingOaktree Capital Management, a leading global investment manager that specialises in alternative investments, has highlighted aircraft leasing as one of three sectors its sees as at the centre of a shift in asset-backed finance. They see 'the next chapter in the private credit story' as being a migration of asset-backed finance (ABF) from banks and insurance companies as the providers of capital for this activity towards alternative capital providers. Airline Business India's fleet to grow by 75 per cent over the next five years
Developments BOC Aviation's six aircraft deal with Turkish; CDB Aviation sells widebodiesBOC Aviation leases six Airbus A321neos to Turkish Airlines; CDB Aviation sells two A330s to National Airlines; Itasca provides insurance backing for Elevate Embraer deal; Falko added 13 aircraft in Q3; Volofin in $100 million inventory financing with Virgin Atlantic; AELF closes Boeing 737 financing with Nedbank; Stratos delivers two A320s to Turkish Airlines; ALM delivers A320neo to Turkish Airlines. |
In this issue In this issueThe appetite for aviation investment remains robust with a number of stories in this issue showing the enthusiasm with which the sector is viewed by the market. Alt investor Oaktree sees aircraft leasing as a key sector for investors to successfully ride the changing tides it perceives in asset-backed finance, while Irish-headquartered aviation finance platform Airborne is teaming up with Japan's Daiwa so both can more effectively tap into domestic Japanese for JOL products. While a new issuer in the aviation loan ABS market underlines the strong return of aviation ABS in the latter half of 2024. Sustainability also features with Irish lessors calling for a credit system to help boost SAF availability and uptake. Leasing Business Airborne Capital and Daiwa to deepen collaboration with JV
Leasing Business Sale leaseback a ‘powerful tool’ for airline’s finance strategyWith a growing number of aircraft to finance and some profit warnings from airlines Air Lease Corporation expect airlines to increasingly use the ‘powerful tool’ of sale-leaseback financing as part of their core financing strategy. The lessor also gave insight into its order book placements, with the level of demand allowing it to be ‘tactical’ in its placements. Aviation ABS Volofin debut transaction adds to aviation ABS market reboundVolofin, the London-headquartered specialty finance and alternative asset management firm that serves the airline, lessor and aviation investment community, has closed its debut aviation loan ABS transaction - a $507 million, 4 tranche deal that is backed by 22 aviation loan facilities. This latest aviation ABS deal underlines the strong rebound the market has had in the second half of 2024. |
The world's most populous country, India, is set to see an explosion in air travel over the next five years with the country's Civil Aviation Secretary stating he expects airlines in India to add 600 aircraft over this time frame while also highlighting the impressive growth in passenger number and the expansion of the India's airport network. A major step in securing competitive financing for these aircraft will be ensuring the primacy of the Cape Town Convention over domestic law.
Airborne Capital and Daiwa Securities have agreed to establish a 50/50 joint venture company (to be known as Daiwa Airborne Co., Ltd) to develop a number of aircraft leasing products for the Japanese ultra-high-net-worth individual market. The JV will bring together Airborne's experience in aviation asset management and Daiwa Securities' extensive customer base and will offer JOL products and management services, that looks to take advantage of the growth of alternative investment in the Japanese market.