A New Opportunity For PE Funds To Take Wing

Law360, New York (February 22, 2012, 1:25 PM EST) -- According to the Federal Aviation Administration's (FAA) Aerospace Forecast (Fiscal Years 2011–2031), the commercial air carrier industry will grow by a remarkable 3.7 percent over the next five years. System capacity in available seat miles — the overall yardstick for how busy aviation is on a global scale — will increase by 4.5 percent in 2011 and is expected by the FAA to grow thereafter at an average annual rate of 3.6 percent through 2031.

In light of the limitation of available funding by commercial banks,...
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