IBA and Allen & Overy say that a determined strategy to monitor risk will allow lessors, banks and investors to avoid the pitfalls of defaults and repossessions. In a joint seminar held recently in London, aviation consultancy IBA and law firm, Allen & Overy, revealed how to mitigate the risk of default or repossession. The key measures discussed that lessors should take for reducing risk include: • Implement an appropriate asset management programme • Base the level of oversight on the specific transaction and the risk/reward profile, but continuously reassess and stay proactive and flexible • Obtain all the data
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