Aircraft ABS volume sets new record at $8bn

fotolia airplane
By Jennifer Kang
15 Oct 2019

Three aircraft lease securitizations have recently entered the pipeline, pushing projected 2019 issuance well above last year’s. Increased investor sophistication, strong fundamentals and a lack of alternatives that provide good returns are driving the changes, said market participants.

2018 was itself a record issuance year for aircraft ABS, so the general consensus among market participants had been that volume this year would remain the at same level or slightly below the all-time high of $7.58bn from 14 deals. Kroll Bond Rating Agency had suggested that rising ...

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