Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions) - Fitch Research

Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions)

Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions) - Fitch Research
Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions)
Published Sep 02, 2016
11 pages (4514 words) — Published Sep 02, 2016
Price US$ 999.00  |  Buy this Report Now

About This Report

  
Brief Excerpt:

...Data Illustrate Aircraft Liquidity: Fitch Ratings has conducted an analysis of historical trends in commercial passenger aircraft markets during downturns. The results confirm Fitch's view that certain young/in-demand aircraft typically remain highly liquid in times of economic distress. The study focused on storage times, percentage of the fleet stored, price declines and differences among aircraft types and ages to determine which aircraft types fare best in difficult economic situations. The analysis was based on data from Ascend and other sources. The results of this analysis support Fitch's ratings processes for debt secured by aircraft, including aircraft enhanced equipment trust certificates (EETC) and aircraft operating lease ABS transactions. The results of the analysis are incorporated in Fitch's aircraft EETC and aircraft ABS criteria, and some of the results supported EETC criteria changes earlier this year, including the possibility of assigning `AA' ratings to certain senior...

  
Report Type:

Special Report

Company(ies)
The Boeing Company , Southwest Airlines Company , American Airlines Group Inc. , Delta Air Lines, Inc. , JetBlue Airways Corporation , United Airlines Holdings Inc , Air Canada , Hawaiian Airlines, Inc. , Spirit Airlines, Inc. , Alaska Air Group, Inc.
Ticker(s)
AAL , ALK , BA , DAL , JBLU , LUV , SAVE , UAL
Issuer
United Continental Holdings , Inc.
Format:
PDF Adobe Acrobat
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Fitch Research—Fitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.

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Cite this Report

  
MLA:
Fitch Research. "Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions)" Sep 02, 2016. Alacra Store. May 09, 2025. <http://www.alacrastore.com/fitch-credit-research/Aircraft-Collateral-in-Downturns-Passenger-Aircraft-as-Collateral-in-Secured-Debt-Transactions-886723_report_frame>
  
APA:
Fitch Research. (). Aircraft Collateral in Downturns (Passenger Aircraft as Collateral in Secured Debt Transactions) Sep 02, 2016. New York, NY: Alacra Store. Retrieved May 09, 2025 from <http://www.alacrastore.com/fitch-credit-research/Aircraft-Collateral-in-Downturns-Passenger-Aircraft-as-Collateral-in-Secured-Debt-Transactions-886723_report_frame>
  
US$ 999.00
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