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Phoenix American Financial Services and PAFS Ireland, Ltd Announce Solid Progress During A Challenging 2020 For Aviation ABS

Phoenix American Financial Services and PAFS Ireland, Ltd Announce Solid Progress During A Challenging 2020 For Aviation ABS News provided by Share this article Share this article SAN RAFAEL, Calif., Feb. 24, 2021 /PRNewswire/  Phoenix American Financial Services and its subsidiary PAFS Ireland, Ltd ( Phoenix American ) announced solid business and operational progress in 2020, building on the company s nearly 25-year industry-leading role as provider of managing agent services for asset-backed securitizations (ABS) in the commercial aviation industry. In February 2020, Phoenix American was appointed as Managing Agent for the AASET 2020-1 ABS and the LUNAR 2020-1 ABS. With the pandemic shutdowns, the company concentrated on maintaining peak service levels for existing clients and enhancing other revenue streams: accounting for sale-leaseback transactions, servicing warehouse facility deals, administering finance transactions and being appointed as Managing Agent to legacy ABS

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