Balancing the Books
IFRS 16 and Aviation Finance
Cayman Islands, Palau, Panama and Seychelles are among those added to the list of blacklisted jurisdictions.
The path to issuance of IFRS 16 has been long and winding, initially being added to the IASB’s agenda in July 2006. But what does IFRS 16 hold in store for the aviation finance industry? It is clear that the impact on airlines is far more pronounced than their financing partners.