Entering 2025, the outlook for aviation is as bright as it has been since before 2020. Global passenger demand has returned to pre-Covid highs. Interest rates are falling in the United States and Europe. And aircraft trading is on the upswing. Meanwhile, the aircraft asset-backed securities (ABS) market appears set to continue its rebound, and lighter transactional scrutiny under the new US administration could open a clearer path for airline mergers.
[Co-Authors: Joe Brown & Max Marshall]
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