Tuesday 3 March 2020
White paper: Lessons from historical airline defaults
In a guest white paper, Ed Hansom and JJ O’Toole from Sirius Aviation Capital note the lack of data when examining airline defaults and provide a methodology to create an estimate for historical airline default rates. Their research validates many of the portfolio strategies adopted by lessors to mitigate airline risk.
Covid-19: Airline demands vs government support (2nd April)
Ishka estimates that governments are preparing or executing up to $77.9 billion in bailouts for airlines around the world. more
Viral Capital: Airlines access $2 billion of additional debt a day
Airlines have raised or drawn down another $13.6 billion of debt in the past week – equal to nearly $2 billion of fresh debt a day, a figure that only includes publicly disclosed facilities. more
US airlines bailout: What does the fine print say?
A $58 billion bailout for US airlines was signed into law by President Donald Trump on 27th March as part of the CARES Act. Ishka examines the provisions for state aid to US air carriers. more