The asset-backed securitisation – as it is dubbed – allows Airborne to release cash tied up on the aircraft through the bond issue, whose holders will be repaid using the aircraft leasing revenue.
Russia’s invasion of Ukraine, which disrupted air travel in Europe, and rising interest rates, left investors cautious of such deals, according to the publisher.The 15 aircraft are a mix of Airbus A320s and Boeing 737s, for which there is high demand as airlines around the world favour them for short-haul journeys.
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