Aviation ABS

Decades of aviation securitization experience with an unparalleled commitment to customer service

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Overview

Since 1993, Phoenix has performed corporate services, administration, accounting and cash management for aircraft and engine leasing transactions of every size, scope and complexity. Our robust team of accomplished professionals employs refined processes, procedures and controls to ensure accuracy, efficient implementation and timely delivery of services to our ABS clients.

Industry Leadership

           Managing agent and accounting services for industry leaders in aviation leasing.

Enterprise Technology & Processes

Our clients benefit from our combination of leading-edge technology and industry-tested processes — and this same combination enables us to provide a truly comprehensive and scalable set of offerings.

  • Tier 1 hardware & software applications with end-to-end redundancy 
  • Real-time data replication, nightly backups to an off-site location & tested business resumption plan in place
  • Robust security practices to safeguard our clients’ competitively sensitive & confidential information
  • Offices in Ireland & United States to serve our clients’ needs in any time zone
  • Immediate assignment of a qualified team of personnel, including accounting & IT-certified professionals dedicated to onboarding and servicing each new client

Proven Track Record

Decades of aviation securitization experience with an unparalleled commitment to customer service.

  • Servicing ABS entities with 1,400+ aircraft and engine assets exceeding $35 billion in value
  • ISAE 3402 Type I audited 
  • Deep bench of experienced professionals with an in-depth understanding of the aircraft securitization landscape
  • Working knowledge of latest innovations from tradable E Notes to JOL equity structures
  • Extensive network of relationships with legal, audit & tax firms involved in the aviation sector as well as independent directors

Accounting & Reporting

  • Design & maintenance of chart of accounts & general ledger system using Oracle Financials
  • Accounting policies & procedures development
  • Workpaper preparation
  • Monthly, quarterly, year-end close procedures
  • Quarterly management accounts
  • Annual financial statements
  • Audit & tax interface
  • Budget preparation & variance analysis

Waterfall & Cash Management

  • Waterfall payment calculation
  • Preparation of monthly investor reports
  • Investment of cash balances
  • Recording collections of cash receipts
  • Accounts payable function
  • Banking relations
  • Establishing new bank accounts
  • AML/FATCA/KYC procedures

Administration & Company Secretary

  • Indenture compliance monitoring
  • Monitoring and reporting on performance of service providers
  • Investor & management reporting
  • Rating agency liaison
  • Board meetings (board papers/meeting agendas and minutes)
  • D&O insurance procurement and renewals
  • Company registration
  • Office filings
  • Website maintenance
  • Arrange appraisals & maintenance forecasts
  • International registry requirements
  • Coordination of professional service providers
  • Registered office

Learn why industry leaders trust us for their back office

Let’s discuss how Phoenix can elevate your investor experience