FULL INTERVIEW: Zephyrus Aviation Capital issues ABS

The market has become attuned to new aircraft leasing companies and equity entering the market but rarely do they make a splash as big as Zephyrus Aviation Capital. Like the Greek god of the west wind, the company has stormed onto the market with heavy weight backers and senior management to secure the purchase of a 21-aircraft portfolio – comprised of mostly narrowbodies and a few widebodies bought from a single seller – which it is refinancing into the capital markets with an aviation asset backed securitisation (ABS). For a run-of-the-mill start-up leasing company, launching a company by issuing an