Aircraft lessors start talks on new wave of ABS deals as aid dries up

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Aircraft lessors start talks on new wave of ABS deals as aid dries up

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US government aid for the airlines expired on Thursday, kicking off sweeping job cuts at major carriers and adding stress to an already battered industry. Nonetheless, lessors are beginning talks to tap the ABS market next year with a public deal to find stable financing as existing sources dry up, writes Jennifer Kang.

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