Fitch updates EETC rating criteria

Dino D'Amore
By Dino D'Amore May 13, 2016 20:38

Fitch updates EETC rating criteria

Fitch Ratings has published an updated criteria report for rating Aircraft Enhanced Equipment Trust Certificates.

The report revises elements of Fitch’s senior tranche rating methodology, including raising the maximum rating possible in certain cases to the ‘AA’ category. The criteria report describes the collateral value stresses that senior tranches are expected to withstand, along with various qualitative factors that transactions are expected to feature in order to achieve ratings in the ‘AA’ category.

The report also includes an updated aircraft tier chart in the appendix section.

Publication of this report does not impact any existing ratings.

Dino D'Amore
By Dino D'Amore May 13, 2016 20:38