Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

Aircraft and finance. American Airlines issues EETC for 1.4 billion dollars

Fort Worth, USA - Investment secured by 75 airplanes

American Airlines announced the private offering of Class A Pass Through Certificates in the aggregate face amount of more than 1.4 billion dollars (about 1.07 billion Euros or 917 million pounds). The ETCs are financial securities used in aircraft finance: in a typical ETC transaction, a "Trust certificate" is sold to investors in order to finance the purchase of an aircraft by a trust managed...

AVIONEWS - World Aeronautical Press Agency - 1154231
Rome, Italy, 07/24/2013 17:24
AVIONEWS - World Aeronautical Press Agency

Similar

Civil aviationSolarig Spain invests €1.15 billion to produce SAF aviation fuel

New plant in Teruel, Aragon, with capacity of over 75,000 tons per year

Equivalent to 33,000 flight connections between Zaragoza and London (considering a 50% sustainable fuel mix) more

AirportsSingapore-Japan cooperation on air safety and connectivity

Deepening collaboration on Saf fuels, ATM, innovation, Uas and Aam

At the third Singapore-Japan Aviation Cooperation Dialogue, co-chaired by Civil Aviation Authority of Singapore (CAAS) Director General Han Kok Juan and Japan Civil Aviation Bureau (JCAB) Senior Deputy... more

AirportsUK: AviAlliance buys AGS Airports from Ferrovial and Macquarie

Aberdeen, Glasgow and Southampton airports change hands for an enterprise value of £1.53bn

AviAlliance announced yesterday the acquisition of AGS Airports from Ferrovial and Macquarie, for an enterprise value of £1.53 billion. The transaction is subject to regulatory approvals and is expected... more