The Commercial Aircraft Finance Handbook

The Commercial Aircraft Finance Handbook is a brand new, much needed resource for every type of aircraft finance practitioner - seasoned and starter alike. Written by a senior practitioner and used and fine-tuned for many years internally at his firm Vedder Price, this is a highly practical book that you will wonder how you managed without before. It is the perfect complement to Aircraft Financing, 4th edition.

The Handbook offers a complete view of the process of aircraft financing and the myriad issues that can arise, clearly explaining terminology as it works through the steps. It can be used as both a learning aid and resource book to be referred back to again and again through your career. The area of aircraft finance is multidisciplinary (touching professionals across law, finance, insurance, leasing to name a few) and this book arms these diverse individuals with a framework for knowing what questions and issues should be considered in a given situation. It does not aim to make them experts in an area outside of their particular expertise but to understand the perspectives in the "other" disciplines within aircraft finance.

This book will provide juniors with an introduction to the myriad of topics in aircraft finance and provide seniors with explanations of matters outside their normal area of expertise, as well as provide seasoned practitioners with the resources provided in the appendices.

The benefits of the handbook:

• It provides definitions to 100s of terms used in Aircraft Finance, giving context to those definitions
• It touches on the various disciplines with which professionals in this area must deal
• It helps practitioners to understand the issues in the "other" disciplines
• It addresses the fundamentals of the five pillars of an Aircraft Finance transaction (the credit of the debtor, the value of the aircraft, the soundness of the transaction structure, the economics of the transaction, the legal framework of the contracts and governing law)
• It is very helpful for day-to-day use and is an excellent resource to turn to for guidance with a quick and easy access
• It targets both novice and experienced professionals

The book covers:

• The assets encountered in Aircraft Finance, including assets that may serve as collateral
• The pricing provisions
• The financing structures and devices utilised to enhance different structures
• The different technical terms used with aircraft and engines
• The terminology employed in matters related to the maintenance and return of aircraft and engines
• The Aircraft finance legal terms relevant to the bankruptcy and work-out contexts
• The nomenclature pertinent to the hull and liability insurances pertinent to Aircraft Financiers
• The disparate contracts and legal instruments that are frequently utilised in Aircraft Finance transactions

Who should read this book:

• Aircraft finance lawyers
• Aircraft finance bankers and investment bankers
• Treasury analysts/treasurers in airlines and airframe and engine manufacturers
• Export-credit-agency bankers and analysts
• Appraisers
• Insurance brokers
• Hedge fund analysts investing in aircraft-distressed paper
• Insurance companies investing in aircraft secured paper Operating lessor treasury analysts