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Keeping the faith

01 December 2007

Read more: subprime capital markets credit insurance fuel hedging Open Skies EU Dubai Air Show

When asked where the airfinance market is going, many people in the industry have been quick to share their views. Some are positive and some are negative. But what is shared is a sigh of relief that 2007 is almost over.

The impact of the sub-prime mortgage collapse has taken its toll on liquidity levels, making 2007 a year of mixed fortunes. Despite this, there is a sense of optimism among those in the market. Banks may have a higher cost of funding and a more difficult time trying to get a deal passed through the credit committees, but this has...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

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