Credit Suisse launches aircraft finance unit

Credit Suisse on Thursday announced the launch of SCALE Aviation, a subsidiary of the bank aiming to boost liquidity in the aircraft industry by providing capital markets financing as well as direct assistance on acquisition, trading and management of aircraft collateral.
SCALE was created in response to customer demand for a partner able to provide financing, as well as consult on identifying which aircraft to buy, how to manage a fleet and ultimately how to trade or dispose of the aircraft when necessary. The subsidiary is an extension of
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