Financing airlines in the wake of the financial markets crisis

Borislav Bjelicic

Journal of Air Transport Management, 2012, vol. 21, issue C, 10-16

Abstract: This article outlines the impact of the 2007 to 2008 financial markets crisis on aviation finance, with a particular focus on the financing of aircraft. Essentially, the financial markets crisis brought about a decrease in the share of bank loans, compensated by increased activity from export credit agencies. The article also endeavours to demonstrate how important access to capital will be for the long-term development of the aviation industry.

Keywords: Aviation finance; Aircraft leasing; Airline cash flows; Airline export credits (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:21:y:2012:i:c:p:10-16

DOI: 10.1016/j.jairtraman.2011.12.012

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