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The aviation ABS market, rocked by the Covid-19 pandemic, faced a very uncertain future a few months ago. Few expected a quick return to the breakneck pace of issuances in 2019 and early 2020. But aviation ABS has bounced back with surprising strength. Throughout the pandemic-induced economic downturn and the precipitous decline in passenger traffic, the aviation ABS market has displayed remarkable resilience. Phoenix American and Joe O’Mara of KPMG in Ireland take an in-depth look.
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