Libor transition survey – a smooth or rocky path ahead?

The 2021 deadline for transitioning away from Libor, and the other interbank offer rates (Ibors), which provide the pricing benchmark for a $400 trillion dollars notional of underlying financial instruments is rapidly approaching.A packed house at Airline Economics recent Dublin Growth Frontiers Summit showed the aviation sector’s keen interest in the issue but how significantly it will affect the industry and how much preparation needs to be done is less obvious.Regulators and industry associations have worked tirelessly to make this complex process work as smoothly as possible but issues remain, particularly around legacy transactions.Airline Economics would like to assess how prepared