BRIC is back; Aergo prices ABS and buys portfolio

During a keynote presentation yesterday at the Airline Economics Asia-Pacific Growth Frontiers conference, BOC Aviation chief executive, Robert Martin, confidently stated that the BRIC countries – Brazil, Russia, India and China – were turning back to growth, presenting more and more opportunities for aircraft lessors. Airlines and lessors alike are very optimistic about opportunities in China and have been for some time. The wall of liquidity in the region and indeed globally is fuelling the abundance of cheap financing for aircraft, which is driving down pricing and yields for lessors and financiers. However, Brazil is becoming more attractive for leasing