SCALE Aviation, a Dublin-based wholly-owned subsidiary of Credit Suisse, spearheaded by chairman Ray Sisson, is described as a “conduit liquidity provider” for the aviation industry.
SCALE is part of Credit Suisse’s portfolio of securitized products. The new subsidiary is being presented as “part of the broader global markets securitized products business at Credit Suisse – which is headed by Michael Dryden, global head of securitized products finance at Credit Suisse.”
According to information released, SCALE’s objective is in “the debt and equity side alongside investors to provide a great deal of comfort as well as the certainty of execution for those new to investing in aviation assets.”
SCALE has no plans to become an aviation leasing company and consequently will not be involved in long-term aircraft investments. Its operations are described as “…lending its balance sheet to facilitate large portfolio sales to distribute to investors seeking to invest in aviation in a variety of ways, be it short-term or long-term debt or equity play.”
It is expected that SCALE’s business model will “facilitate aircraft trading.”