Finance, Taxes, Insurance
Aviation Finance
What a difference a year makes.

In AIN’s annual report on aviation finance last year (October 2006, page 38), lenders expected 200

What a difference a year makes.

In AIN’s annual report on aviation finance last year (October 2006, page 38), lenders expected 2007 to be reasonably solid or even stronger than 2006. The Federal funds target rate continued to climb from its historic low of 1 percent in 2003 and 2004. The housing market slump was making hardly more than a ripple. Oil prices were coasting back down from $60 a barrel. The bulls ruled the stock market. The value of the dollar was lower than in the past but holding.