Aircraft are mainly bought by two groups of buyers:1. Airlines for their own use2. Operating lessors for onward leasing to airlinesBoth groups of buyers require substantial external funding, both debt and equity, to accommodate these purchases.Historically five key sources have funded the aviation industry:1. bank debt (secured and unsecured)2. export credit agency guaranteed debt (secured)3.capital markets (secured and unsecured bonds; equity and debt solutions)4. internal cash flow generation5. tax based leasing products This is the leading text providing guidance on all the funding options available, the best way to secure funding and how to ensure that robust legal structures framing the commercial deal are in place.The book is divided into four core sections:Part A: Market Context which sets the scene giving the user market context and an overview of aircraft financingPart B: Transaction structuring which looks at the credit, the asset, the legal structuring and tax driversPart C:
