GE, Avolon and now Fan, with one more engine asset backed securitisation (ABS) deal to come soon, there are signs the ABS product is re-emerging albeit very slowly and with varying success. Deal volume is low and so too is the investor base for ABS deals – there were very few investors on the Avolon and Fan deals – but still deals are being done even if at a discount to par. For now it seems, other aircraft and engine lessor may not be too encouraged by the deals that have closed and many of the larger lessors are receiving

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