The Aviation ABS Master Trust
How Serial Issuers Are Leveraging Platform Structures for Scale and Simplicity
Check out our recent thought leadership reports on key issues in the aviation structured finance industry.
How Serial Issuers Are Leveraging Platform Structures for Scale and Simplicity
The Aviation ABS Master Trust structure is a new evolution in aviation finance. It offers enhanced flexibility, investor protections and long-term efficiency compared to traditional ABS structures. This paper explores the Master Trust, its advantages for issuers and investors and its implications for the future of aviation capital markets.
The European Union Corporate Sustainability Reporting Directive (CSRD) came into force on 5 January 2023. The Directive aims to enhance and standardize sustainability reporting across the EU. EU member states had until 6 July 2024 to transpose the Directive.
Commercial aircraft and engine lease Asset-Backed Securitization (ABS) has been a feature of aviation finance for over 30 years. Originating in the early 1990’s and adapting and evolving along with disruptions to the world economy and enhanced sophistication of issuers and financiers alike, Aviation ABS has proven a durable investment class.
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.
Is Phoenix American the right fit for you? Let’s have a conversation about your goals.