Marc Hamilton, Leasing Life - Export credit dominates
1 September 2010
Marc discusses how export credit agency supported lending is dominating the financing of new aircraft:
"Export credit agencies have pretty much taken the lion's share of financing. Since the advent of the credit crisis the number of Airbus deliveries benefiting from the support of European ECAs increased to about 170 in 2009."
"There was huge anticipation of a liquidity crisis at the end of 2008 with a funding gap that was put at about €27 billion but that has not materialised to the extent people thought it would"
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