Aircraft ABS: GECAS prices STARR 2019-2
GECAS has priced a $446.337 million ABS, STARR 2019-2 (START III) which will be used to acquire a portfolio of 20 narrowbody aircraft. The portfolio has an average age of 8.4 years and a weighted average remaining lease term of approximately 5.5 years.
Analysis: DZ Bank mulls new sales process for DVB AIM/AM
DZ Bank is understood to be exploring a new sales process for DVB AIM/AM after a planned merger with Japanese Bank MUFG stalled in the face of US banking regulatory hurdles. more
Will other lessors need to adopt an ‘NAC type’ debt standstill?
Nordic Aviation Capital (NAC) managed to win itself some breathing space after it successfully arranged a debt standstill with its creditors in early July. But sources warn that NAC could simply be the first of several potential aircraft lessor restructurings set to eventually hit the market. more
Aircraft ABS: START III winds down portfolio, further ABS downgrades
In its monthly aircraft ABS round up, Ishka summarises some recent trends and transaction highlights. more