Leisure carrier Canada Jetlines has called it quits less than two years into launching services amid mounting financial challenges, while in India, SpiceJet faces another legal challenge after defaulting on lease payments for three engines. more
13/09/2024
Two aircraft lessors, Dubai Aerospace Enterprise (DAE) and Sky Leasing (Sky) are currently in the market with separate aircraft ABS as the public aircraft ABS market shows signs that it might finally be returning in earnest. more
12/09/2024
Lessors tracked by Ishka raised $650 million in unsecured capital markets debt in August. more
11/09/2024
97 aviation ABS tranches tracked by Ishka traded in the last 90 days, accounting for 356 individual trades. more
05/09/2024
Aircraft asset manager BBAM is in the market with a $556 million aircraft, ABS Horizon 2024-1. The new single note deal will be used to acquire a portfolio of 17 new-tech narrowbody aircraft assets. more
04/09/2024
Ishka's market snapshot data sheet brings together key trends and figures in the aviation finance space. more
22/08/2024
Lessors tracked by Ishka raised just over $1.4 billion in July. more
01/08/2024
117 aviation ABS tranches tracked by Ishka traded in the last 90 days, accounting for 464 individual trades. more
19/07/2024
AIP Capital is in the process of raising fresh debt, after changing shareholders, as it looks to finance its managed order of incoming 737 MAXs and purchase aircraft on the secondary market. Ishka speaks with AIP Capital's management team. more
17/07/2024
Lessors tracked by Ishka raised $4.05 billion in unsecured debt in June. more
03/07/2024
107 aviation ABS tranches tracked by Ishka traded in the last 90 days, accounting for 417 individual trades. more
17/06/2024
Alternative aircraft lender PK AirFinance is in the market with a $622.3-million aircraft loan ABS: PKAIR 2024-1. Proceeds from the notes will be used to acquire a portfolio of 27 airline aircraft loan facilities, financing 122 aircraft and engines. more
13/06/2024
Lessors tracked by Ishka issued $1.677 billion in unsecured debt in May. more
10/06/2024
Aircraft asset manager Carlyle Aviation Management Limited (Carlyle) is in the market with a $428.1 million aircraft ABS, making it the first public commercial aircraft securitisation to test the ABS market in two years. more
04/06/2024
Just over $3 billion was issued in April by lessors tracked by Ishka, bringing the total issued so far in 2024 to $9.12 billion. more
03/05/2024
Ishka examines a GIFT City financing for Indian carrier Vistara, and looks at the pricing for Global Jet Capital's seventh ABS, BJETS 2024-1. more
26/04/2024
Lessors issued $1.43 billion in March, a marked increase from February’s $349 million. more
04/04/2024
Lessors raised $4.7 billion in unsecured issuances in January and February in a strong start to the year for leasing firm activity in the capital markets. more
01/03/2024
Sustainable finance deals in aviation involving airlines and lessors or with aircraft as a collateral grew once again in 2023, matching the approximate 60% annual growth rate of the preceding year. more
06/02/2024
in ESG & Regulation , Capital Markets , Aviation Banks and Lenders
Ishka looks at some of the key talking points from aircraft investors on the aviation finance market last week in Dublin. more
02/02/2024
in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
The deadline for submissions is the 15th of January. more
03/01/2024
in Lessors & Asset managers , Airline trends & analysis , Capital Markets , Aviation Banks and Lenders
Aviation alternative lender Ashland Place Finance (Ashland) has priced a debut $324.3 million aircraft loan ABS, Ashland 2023-1 which was oversubscribed. more
12/12/2023
Ishka is now accepting submissions for its Deal of the Year Awards. The Ishka Deal of the Year Awards celebrate the best-closed aircraft financings of 2023. more
08/12/2023
in Aircraft values, Lease Rates & Returns , Capital Markets , Aviation Banks and Lenders
Two landmark lawsuits filed by junior bondholders on separate transactions against Ares, Vmo Aircraft Leasing Holdings (Vmo), and Wilmington Trust over “sham” aircraft auctions conducted during the pandemic are progressing through the US courts and could, potentially, be heading to trial next year. more
09/11/2023
Unsecured bond issuance by airlines in Q2 2023 totalled $4.47 billion – the lowest second-quarter levels since Ishka’s analysis began in 2019. more
07/08/2023
Ishka's market snapshot brings together key trends and figures in the aviation finance space. more
31/07/2023
in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
Ishka's capital market wrap-up is a summary of recent activity in aviation debt issuance. more
07/07/2023
in Lessors & Asset managers , Airline trends & analysis , Capital Markets
Ishka examines United’s recent EETC and compares how Chinese and Indian airlines differ in their use of widebodies for domestic routes. more
21/06/2023
Griffin Global Asset Management Holdings, Ltd. successfully issued $1 billion worth of unsecured notes to partially refinance its secured warehouse facility this week, while lessor Avolon released its 2023-2042 fleet forecast on 13th June. more
13/06/2023
in Lessors & Asset managers , Capital Markets , OEMs, Cargo & Engines
Ishka's market snapshot brings together key trends and figures in the aviation finance space. more
29/05/2023
in Lessors & Asset managers , Airline trends & analysis , ESG & Regulation , Capital Markets
Unsecured bond issuances by airlines returned to ‘normal’ post-Ukraine invasion volumes in Q1 2023, as issuances dropped back to mid-2022 after an exceptionally busy Q4 2022. more
25/04/2023
Aircraft lessors tracked by Ishka issued $3.373 billion in unsecured capital markets debt in the first quarter of the year, exceeding the amount of any quarter in 2022, but remaining relatively low at around half of the previous five year’s first quarter average. more
05/04/2023
Aviation lenders state that margins could still rise due to the recent banking crisis but share that the rapid response by regulators appears to have averted a wider crisis limiting the risk of contagion to aviation lending. more
31/03/2023
Air Lease Corporation was the lone lessor debt issuer in the first six weeks of Q1 2023 with a $700 million bond. more
02/03/2023
Only four unsecured issuances took place in the first six weeks of 2023, totalling $2.26 billion. Around half of the issuances came from Air France-KLM, with EUR 1 billion ($1.081 billion) issued in two tranches of sustainability linked notes. more
21/02/2023
Unsecured debt issuances by airlines jumped to $16.155 billion in Q4 2022, exceeding every other quarter in the year and gaining nearly 36% on Q4 2021. more
06/01/2023
Aircraft lessors tracked by Ishka issued $2.097 billion in unsecured capital markets debt in the fourth quarter of the year, topping the total amount issued in the previous two quarters combined. more
05/01/2023
Two November deals bring the tally of aircraft and airline sustainable finance transactions in 2022 to nine, one more than in 2021. more
20/12/2022
Airborne Capital and Marathon Asset Management have priced a $303-million aircraft ABS, MAST 2022-1, through a private placement which is set to close early next week. more
08/12/2022
Unsecured bond issuance volume by aircraft lessors has picked up so far in Q4 after ALC's $700 million bond. more
29/11/2022
Unsecured bond issuances by airlines rose dramatically in the first half of Q4 2022, already exceeding the combined total of Q2 and Q3 2023. more
25/11/2022
Aviation credits have been quiet in the public debt markets but airlines and lessors have been actively issuing bespoke private aircraft securitisations using 4(a)(2) structures, US investors tell Ishka. more
01/11/2022
Alternative lender explores a potential aircraft loan securitisation next year, in the meantime, capital markets remain volatile. more
12/10/2022
Aircraft lessors tracked by Ishka only issued $602 million in unsecured capital markets debt during the third quarter of the year, less than half of the $1.45 billion issued during Q2 2022. more
11/10/2022
Unsecured bond issuances by airlines slowed for the second consecutive quarter in Q3 2022, as issuances both inside and outside of China dropped further from what were already record-low levels since 2019. more
06/10/2022
A panel of aircraft lessor CEOs at the ISTAT EMEA conference last week predicted that it may take three to four years for the aircraft ABS market to fully return to the record issuance volumes seen in the last five years. more
29/09/2022
in Aircraft values, Lease Rates & Returns , Lessors & Asset managers , Capital Markets
Airline and lessor unsecured bond issuances continued to drop in the first six weeks of Q3 2022, with only $592 million raised by airlines and $174 million by aircraft leasing entities. more
25/08/2022
Dozens of aircraft ABS notes are trading at a discount, raising questions over the current value of some of the junior notes associated with aircraft ABS. more
18/08/2022