All articles by Jeremy Gibb

Jeremy Gibb

Amid the credit crunch, the best advice is to hold firm until the new year

Much of this activity has been in the big-ticket sectors of aircraft and ships, with the Japanese Operating Lease (JOL) succeeding the Japanese Leveraged Lease as a favoured financing vehicle for many leading European airlines, and their Chinese counterparts being excellent customers of French lessors in supporting the growth of their Airbus fleet. Meanwhile, the 1997 UK long-life asset rules had the effect of concentrating much of the UK lessor big ticket investment over the last decade in the shipping sector, with many customers to be found among the major shipping lines in greater China (including Taiwan) and Japan