Fitch Affirms Triton Aviation Finance

* Reuters is not responsible for the content in this press release.

Wed Jul 23, 2008 5:17pm EDT

CHICAGO--(Business Wire)--
Fitch Ratings has affirmed Triton Aviation Finance (Triton) as
follows:

   --Class A-1 notes affirmed at 'BB-';

   --Class B-1 notes remain at 'C/DR6';

   --Class B-2 notes remain at 'C/DR6';

   --Class C-1 notes remain at 'C/DR6';

   --Class C-2 notes remain at 'C/DR6'.

   Fitch's analysis incorporated expected cash flow to be available
to the trust over the remaining life of the transaction. This
expectation is based on several factors including aircraft age,
current portfolio value, potential lease rates, and perceived
liquidity of the portfolio. Lease rate and portfolio value
expectations have been updated to reflect Fitch's views on certain
aircraft given the aviation market volatility and significantly
elevated fuel prices.

   Triton was affirmed as it was found to have credit support
consistent with its current ratings.

   Fitch will continue to monitor this, and all, aircraft
securitizations and update ratings as warranted.

   Fitch's rating definitions and the terms of use of such ratings
are available on the agency's public site, www.fitchratings.com.
Published ratings, criteria and methodologies are available from this
site, at all times. Fitch's code of conduct, confidentiality,
conflicts of interest, affiliate firewall, compliance and other
relevant policies and procedures are also available from the 'Code of
Conduct' section of this site.

Fitch Ratings
Bradley Sohl, +1-312-368-3127 (Chicago)
Peter Manofsky, +1-312-368-2068 (Chicago)
Sandro Scenga, +1-212-908-0278
(Media Relations, New York)

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.