Sun Country has announced the completion of an offering of Enhanced Equipment Trust Certificates (EETC) which will be used to obtain financing secured by 13 Boeing 737-800 aircraft. Five of the 13 air...
American Airlines has launched a new enhanced equipment trust certificate (EETC) offering, initially seeking to raise $591.9 million from the sale of the notes secured on a portfolio of 16 A321Neos an...
Last week, International Airlines Group, which owns British Airways, Iberia, Aer Lingus and Vueling, posted a loss of €2.035bn for the six months to June 30, 2021, compared to a loss of €4bn in the ye...
Fitch Ratings has completed a review of nine public aircraft EETC transactions issued by United Airlines with 21 rated tranches. Fitch has downgraded six tranches of United Airlines' EETCs including t...
Fitch Ratings has downgraded American Airlines' 2015-1, 2014-1, and 2013-1 class A certificates and affirmed American's other enhanced equipment trust certificate (EETC) ratings, including the B tranc...
Enhanced equipment trust certificates (EETCs) have been under severe pressure due to COVID-19, paralleling the effects of the pandemic on the airlines that issue them. Responding to a recent request t...
British Airways (BA) has priced two tranches of enhanced equipment trust certificates (EETCs): $764 million class A notes, rated A by S&P and A- by Fitch, via British Airways Pass Through Trust 2020-1...
United Airlines is seeking to raise $3bn through an A class enhanced equipment trust certificate (EETC) issuance, which is secured on collateral pool of spare parts, spare engines and aircraft, valued...
We're Social