Airline Financial just discovereds 11-17-2003 Future Bleak For of the present day EETCs As Debt Proves Too Inflexible ISSN: 10405410 Publication Date: 11-17-2003 Page: 1 Type: Periodical Language: English Once the darling of Wall road and the aerospace industry.

Airline Financial just discovereds

11-17-2003

Future Bleak For of the present day EETCs As Debt Proves Too Inflexible

ISSN: 10405410
Publication Date: 11-17-2003
Page: 1
Type: Periodical
Language: English

Once the darling of Wall road and the aerospace industry, enhanced equipment trust certificates (EETC) have a limited events to come at best.

Since the mid-1990s, the financial community has crafted nearly $40 billion worth of EETC for the airlines. The carriers have used these publicly traded offence instruments to either finance novel aircraft purchases or to tap their instant fleets for ready cash. EETC were attractive -

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