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Equipment trust certificates

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Equipment trust certificates
Certificates issued by a trust that is formed to purchase an asset and lease it to a lessee. When the last of the certificates has been repaid, title and ownership of the asset transfers to the lessee.


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has affirmed 12 classes and downgraded one class of the Delta Airlines equipment trust certificates (ETCs) and enhanced equipment trust certificates (EETCs) transactions listed below.
Delta Air Lines European Enhanced Equipment Trust Certificates, series 2001-2
In other words, Equipment Trust Certificates may be bundled into a pass-through structure as a means of diversifying the asset pool and/or increasing the size
 
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