GPA II – The Phoenix Arises
he €25bn takeover of GE Capital Aviation Services (GECAS) by Aer Cap reunites all the disparate parts of the original…
Is the Bank of Japan the latest Bubble?
An interesting development has been the surge in the share price of the Bank of Japan, the Japanese Central Bank.…
By Land or by Sea?
The direct routes, as well as being longer, are more expensive. Despite these negatives, other than bad weather, the importers…
Europcar – Bond Auction Flop
Normally when a corporate credit defaults, the purchasers of Credit Default Swap (CDS) protection receive a payout to compensate them…
Higher Risk = Lower Rewards!
Overall it is a definite concern that the flows of cash into high-yield bonds and loans are pushing their yield…
Lower for Longer?
And the V becomes L? An interesting analysis by Bloomberg who have analysed 36 recessions since 1965 across the G-7…
Airlines – the canary sings!
IATA has once again revised down its pessimistic outlook. This new bleaker outlook is based on more recent passenger data…
Airlines – a leading economic indicator?
The airline industry is one of the few global industries that have previous experience of dealing with a virus. The…
Dead Companies Walking?
Although there have been relatively few liquidations during the pandemic crisis, this can be attributed to forbearance and government supports.…
Hertz – Bankrupt Stock Sale!
Interesting times when the US Securities Exchange Commission feels compelled to stop Hertz, in bankruptcy, selling new shares to the…