Airbus and EADS seek to reassure investors as rumours circulate of French banks reviewing aviation finance units

Airbus parent company, European Aeronautic, Defence & Space (EADS) has sought to reassure investors that lenders and leasing companies aren’t retreating from the aircraft financing market. CFO Hans Peter Ring, reported in Reuters, says that “many new banks [are] entering or re-entering the aviation market, calling it a “very positive signal” and that aviation financing is secured funding and therefore “remains attractive business to lenders”. The statement was prompted by the news that two French banks – BNP Paribas and Société Générale – are reported to be reviewing their project financing units, including aviation, and are implementing restructuring plans to