Bankruptcies Test One of Wall Street’s Favorite Trades - News Summed Up

Bankruptcies Test One of Wall Street’s Favorite Trades


When aviation authorities order more than 300 Boeing planes to be grounded, it should be party time for aircraft leasing companies and their Wall Street backers. Unfortunately, a recent string of airline bankruptcies gives them too much else to worry about. Eight small carriers have gone under since the start of the year, according to data by aviation advisory firm IBA, releasing a total of 71 aircraft—many of which are owned by lessors. This is the highest number since 2013, looking at the same three-plus months.


Source: Wall Street Journal April 05, 2019 09:00 UTC



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