Kroll predicts Covid19 will reduce appetite for aviation ABS paper

With the global spread of COVID-19 is leading to negative ramifications on worldwide air travel KBRA’s Aviation ABS Group anticipates that continued increases in documented cases of the virus could have an adverse impact on the short-term demand for air travel, with a knock-on impact on aviation ABS transactions. In a report issued yesterday KBRS sad that while it was too early to predict the full impact of Covid 19 it would  possibly reduce the amount of cash available for aviation ABS transactions. KBRA said it was is actively monitoring the situation including the potential ramifications on its aviation ABS portfolio,