Marsh has today announced the launch of Aircraft Finance Insurance Consortium (AFIC), the non-payment insurance product designed for banks and capital market investors that are funding new aircraft purchases from Boeing. The structure has already been used by Korean Air to refinance a new 747-8i in April, which wrapped a 10-year €143mn loan from ING. Marsh states only that the structure has been used “by a major international airline to support its financing of new Boeing 747 and 787 aircraft”. Available exclusively through Marsh, AFIC provides an alternative aircraft finance insurance product for new aircraft deliveries and is underwritten by

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In