Aircraft Financing
A fully revised and expanded
guide that builds on the best-selling 2nd edition. Written by practitioners for
practitioners, the book is again under the editorship of Freshfields highly experienced
team of aircraft financing experts.
The book has four distinct
parts, each dealing with key subjects relevant to the airfinance industry. The first
section looks at the airlines needs; the second examines the latest financing methods; the
third examines country and regional markets and the final section details credit and
aircraft values. Appendices cover international rights in aircraft, civil aviation,
precautionary arrest and export credits. An essential glossary is included. Each
contributor is employed by or operates in a different part of the airfinance business;
each has invaluable practical knowledge of the procedures and problems encountered, for
instance. when structuring a cross-border aircraft lease or when assessing an airline's
credit. The book should be considered essential reading by all airline operators, aircraft
financiers, lessors, lawyers, aircraft brokers, consultants and aircraft investorsONTENTS
1. THE AIRLINE'S NEEDS
-
Industry financing requirements approaching the 21 st century
-
Sources of finance
2. FINANCING METHODS
-
Commercial bank lending
-
Export credit agency support
-
Operating leasing
-
Aircraft Securitisation
-
A lessee's guide to structuring cross-border aircraft leases
3. COUNTRY AND REGIONAL
MARKETS
-
US aircraft leasing
-
UK leasing
-
Leasing in other European countries
-
The Japanese leasing market
-
The Asian perspective
-
Aircraft financing in Russia
-
Financing national airlines in developing countries
4. CREDIT AND AIRCRAFT VALUES
-
Assessing an airline's credit: the rating agency perspective
-
Assessing and airlines' credit: the lender's perspective
-
Aircraft as investments
-
What to expect from manufacturers' residual value support
5. LEGAL AND INSURANCE ISSUES
-
Legal issues in aircraft finance
-
Insurance considerations
-
Aircraft repossession insurance
-
The regulatory framework for airline operations
-
International conventions affecting aircraft financing transactions
477 pages