Op-Ed Columnists – Page 8
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Opinion
OPINION: Don't buy the rumours – HNA isn't selling Avolon
Rumours have been circulating within the aircraft leasing community that Avolon could be up for sale to raise liquidity for its shareholder, HNA Group – which has gone on a four-year international shopping spree, taking stakes in some 23 companies or real-estate investments over the past four years.
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Opinion
OPINION: Investors make Aergo pay up for first ABS
Debt investors are determined to make issuers pay up for additional risk in the aircraft asset-backed securities market, as highlighted in recent days by Aergo Capital's inaugural $605 million securitisation.
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Opinion
OPINION: Saudi Arabia's aviation prospects may exceed Iran's
The next Middle Eastern growth story was meant to be Iran. Over the past 18 months, many aviation financiers and investors have been eager to talk up the country's potential.
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Opinion
OPINION: Undisciplined lessors create a race to the bottom
Aircraft lessors are the victims of their own success, it seems. Attracted by the steady returns on offer, a wave of new lessors – particularly Chinese-backed vehicles – have entered the space over the last few years. But, in their efforts to grow, these new entrants have created unfavourable market ...
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Opinion
OPINION: Concerns set in amid the surge of liquidity
All appears well in aviation financing: liquidity is rife and bank margins the tightest in years.
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OpinionOPINION: Where is the new money in aircraft finance?
A May 2017 survey by German asset manager KGAL found that "institutional investors' interest in aircraft leasing business is seeing a sharp rise due to the attractive ratio of risk to return".
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Opinion
OPINION: Surprising spate of Paris orders gives hope for the market
Despite worries about a quiet air show and ongoing challenges for the airframers, a spate of orders, including for the 737 Max 10, suggests that there is still plenty of life in the market
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Opinion
OPINION: Air-show orders dazzle but delivery figures truly count
For a sector at the cutting edge of technology, aviation has a fairly crude annual measure by which performance is judged.
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Opinion
OPINION: Who's afraid of the three Cs?
Concerns that aircraft leasing is headed for a downturn appear to have given way to a more immediate challenge for the industry: cheap Chinese capital, or the three Cs.
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Opinion
OPINION: S&P's actions on ECAF are much ado about nothing
In February, ratings agency S&P Global put Element's 2015 asset-backed securities deal (ECAF 2015-1) on "CreditWatch negative", usually the precursor to downgrading a deal. Since then, there has been a lot of buzz about what this means for the securitisation market.
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OpinionOPINION: Alitalia's management will be judged on implementation
Bloomberg's 24 March report that the Italian government was consdering emergency financing for Alitalia to aid the flag carrier's latest rescue plan was hardly a surprise.
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OpinionOPINION: Does Asia Aviation Capital make sense for Korean money?
Korea Transport Asset Management (KOTAM) is in pole position to acquire AirAsia's leasing arm Asia Aviation Capital for roughly $900 million, Reuters has reported.
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Opinion
OPINION: Financiers should prepare for downturn despite buoyancy
Aviation downturns are tough to predict. They're usually caused by an exogenous shock that makes people not want to board aircraft.
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OpinionOPINION: The party continues in aircraft finance
The mood music was more upbeat in San Diego than in Dublin two months ago. Aviation finance executives took to the stage at ISTAT Americas to tell the story of an industry that still appears very healthy.
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OpinionOPINION: What an interest-rate hike means for aircraft finance
Rising interest rates will probably not become a critical issue for the traditional aircraft finance industry – but for newer sources of capital, it may be a reason to walk away.
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Opinion
OPINION: Can Ryanair's O'Leary continue to play the outsider?
Few company executives across businesses full stop, let alone the airline industry, have challenged convention, expectations and corporate image to the extent that Michael O’Leary has.
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Opinion
OPINION: Why liquidity's abundance should concern lessors
There are fears that higher interest rates may drive new investors, such as pension funds, away from aviation. However, even in a worst-case scenario of insurers and pension funds losing all interest in aviation, there is unlikely to be a funding gap, since aviation finance attracts an array of willing ...
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OpinionOPINION: The bright side of the downturn
At the recent series of air finance industry briefings and conferences in Hong Kong, there appeared to be growing consensus that the global aviation industry cycle has peaked and is on its way down – albeit one that should be manageable.
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Opinion
OPINION: Airlines – borrow now!
One thing that Donald Trump's ascension will definitely mean is change.
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Opinion
OPINION: Capital markets make a year-end comeback
Expect more capital-markets deals before year-end. That is the message from several Wall Street bankers to whom FlightGlobal has spoken lately.