Aircraft are mainly bought by two groups of buyers:1. Airlines for their own use2. Operating lessors for onward leasing to airlinesBoth groups of buyers require substantial external funding, both debt and equity, to accommodate these purchases.Historically four key sources have funded the aviation industry:1. bank debt (secured and unsecured)2. sovereign guaranteed debt (secured)3. capital markets (equity secured and unsecured bonds)4. internal cash flow generation This is the leading text providing guidance on all the funding options available, the best way to secure funding and how to ensure that robust legal structures framing the commercial deal are in place. The book is divided into four core sections:Part A: Market Context which sets the scene giving the user market context and an overview of aircraft financingPart B: Transaction structuring which looks at the credit, the asset, the legal structuring and tax driversPart C: Core Products and Regional Markets (Brazil, Russia, India, China, France, Germany, Spain and Japan) Part D: Regulatory Matters including accounting developmentsKey updates for the new Fifth Edition include: - New chapters on:- The environment- Compliance- GATS (Global Aircrafts Training Systems (GATS)- Full explanation and analysis of recent regulatory changes including changes brought about by Basel IVDue to the complexities involved in this area and the need to ensure that any commercial deal is legally sound Aircraft Financing is the essential reference tool for anyone involved in aircraft financing transactions.