Structuring Aircraft Financing Transactions
Structured Finance Attorney Richard Furey authored an article that was featured in Practical Law on the structure of aircraft finance transactions. The main finance structures are based upon secured loans, the ownership and lease of assets and capital market transactions. Some aircraft finance transaction structures combine more than one concept and use other structures for different purposes including Japanese operating leases, enhanced equipment trust certificates and export credit agency transactions. This article defines each aircraft finance structure option and the various advantages/disadvantages.