RAM largest exposure in GECAS ABS

Victoria
By Victoria February 14, 2013 11:30

RAM largest exposure in GECAS ABS

Royal Air Maroc is the largest lessee exposure at 16.2% in GE Capital Aviation Services’ $650 million asset backed securitisation (ABS), which closed in January. The top 5 lessees include Royal Air Maroc (16.2%), American Airlines (10.7%), Saudi Arabian Airlines (9.3%), PT Lion (8.0%), and Spirit Airlines (5.9%). Full analysis of the deal will appear in the next issue of Airline Economics (subscribe here: www.aviationnews-online.com/subscriptions)

Victoria
By Victoria February 14, 2013 11:30
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