S&P Global affirms ‘strong’ ranking for ORIX Aviation

S&P Global Ratings has affirmed a ‘strong’ overall ranking on ORIX Aviation Systems, as well as a ‘stable’ outlook rating. The credit rating company said ORIX’s rating reflected its stable portfolio and long track record of aircraft lease management; experienced leadership; well-established lease administration workflows and lessee surveillance; and extensive experience remarketing, restructuring, selling, and extending aircraft leases along with managing defaults. In addition, it noted improved staff turnover, reliable IT infrastructure, and “solid internal controls framework” contributed to its rating. “S&P Global’s ranking of ORIX Aviation is the highest commendation available and is a testament to the solid platform