AIRPLANES Group
Report to Certificateholders
All numbers in US$ unless otherwise stated
Payment Date: 17 September 2001.
Calculation Date: 11 September 2001.
(i) ACCOUNT ACTIVITY SUMMARY (Between Calculation Dates)
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Balance on
Prior Balance Deposits Withdrawals Calculation Date
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09-Aug-01 11-Sep-01
Lessee Funded Account 0.00 0.00 (0.00) 0.00
Expense Account (note ii) 46,111.95 9,959,641.70 (8,670,325.45) 1,335,428.20
Collection Account (note iii) 155,183,247.04 38,521,208.81 (40,218,831.04) 153,485,624.81
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- Miscellaneous Reserve 0.00 0.00
- Maintenance Reserve 80,000,000.00 80,000,000.00
- Security Deposit 35,199,564.00 34,964,416.00
- Other Collections
(net of interim withdrawals) 39,983,683.04 38,521,208.81
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Total 155,229,358.99 48,480,850.51 (48,889,156.49) 154,821,053.01
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(ii) ANALYSIS OF EXPENSE ACCOUNT ACTIVITY
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Balance on preceding Calculation Date (August 09, 2001) 46,111.95
Transfer from Collection Account (previous Payment Date) 9,953,888.05
Transfer from Collection Account (interim deposit) 0.00
Interest Earned during period 5,753.65
Payments during period between prior Calculation Date and the relevant Calculation Date:
- Payments on previous Payment Date (3,137,583.09)
- Other payments (5,532,742.36)
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Balance on relevant Calculation Date (September 11, 2001) 1,335,428.20
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(iii) ANALYSIS OF COLLECTION ACCOUNT ACTIVITY
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Balance on preceding Calculation Date (August 09, 2001) 155,183,247.04
Collections during period 38,496,258.81
Swap receipts (previous Payment Date) 24,950.00
Transfer to Expense Account (previous Payment Date) (9,953,888.05)
Transfer to Expense Account (interim withdrawal) 0.00
Net transfer to Lessee Funded Accounts 0.00
Aggregate Certificate Payments (previous Payment Date) (27,118,279.94)
Swap payments (previous Payment Date) (3,146,663.05)
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Balance on relevant Calculation Date (September 11, 2001) 153,485,624.81
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AIRPLANES Group
Report to Certificateholders
All numbers in US$ unless otherwise stated
(iii) ANALYSIS OF COLLECTION ACCOUNT ACTIVITY (Cont'd)
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ANALYSIS OF CURRENT PAYMENT DATE DISTRIBUTIONS
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Priority of Payments
(i)Required Expense Amount 10,000,000.00
(ii)a) Class A Interest 6,676,213.06
b) Swap Payments 3,633,497.06
(iii)First Collection Account Top-up 60,000,000.00
(iv)Minimum Hedge Payment 0.00
(v)Class A Minimum Principal 0.00
(vi)Class B Interest 1,091,656.22
(vii)Class B Minimum Principal 1,839,766.75
(viii)Class C Interest 2,375,979.69
(ix)Class D Interest 3,580,412.50
(x)Second Collection Account Top-up 53,800,379.00
(xi)Class A Principal Adjustment Amount 11,823,148.73
(xii)Class C Scheduled Principal 0.00
(xiii)Class D Scheduled Principal 0.00
(xiv)Modification Payments 0.00
(xv)Soft Bullet Note Step-up Interest 0.00
(xvi)Class E Minimum Interest 0.00
(xvii)Supplemental Hedge Payment 0.00
(xviii)Class B Supplemental Principal 0.00
(xix)Class A Supplemental Principal 0.00
(xx)Class D Outstanding Principal 0.00
(xxi)Class C Outstanding Principal 0.00
(xxii)Class E Supplemental Interest 0.00
(xxiii)Class B Outstanding Principal 0.00
(xxiv)Class A Outstanding Principal 0.00
(xxv)Class E Accrued Unpaid Interest 0.00
(xxvi)Class E Outstanding Principal 0.00
(xxvii)Charitable Trust 0.00
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Total Payments with respect to Payment Date 154,821,053.01
Less Collection Account Top-Ups ((iii) and (x)above) (113,800,379.00)
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41,020,674.01
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AIRPLANES Group
Report to Certificateholders
All numbers in US$ unless otherwise stated
(iv) PAYMENT ON THE CERTIFICATES
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(a) FLOATING RATE CERTIFICATES A-6 A-8 A-9 Class B
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Applicable LIBOR 3.64000% 3.64000% 3.64000% 3.64000%
Applicable Margin 0.34000% 0.37500% 0.55000% 0.75000%
Applicable Interest Rate 3.98000% 4.01500% 4.19000% 4.39000%
Interest Amount Payable 1,219,296.39 2,576,291.67 2,880,625.00 1,091,656.22
Step Up Interest Amount 0.00 0.00 0.00 0.00
Opening Principal Balance 334,206,411.34 700,000,000.00 750,000,000.00 271,275,101.38
Minimum Principal Payment Amount 0.00 0.00 0.00 1,839,766.75
Adjusted Principal Payment Amount 11,823,148.73 0.00 0.00 0.00
Supplemental Principal Payment Amount 0.00 0.00 0.00 0.00
Total Principal Distribution Amount 11,823,148.73 0.00 0.00 1,839,766.75
Redemption Amount
- amount allocable to principal 0.00 0.00 0.00 0.00
- premium allocable to premium 0.00 0.00 0.00 0.00
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Outstanding Principal Balance (September 17, 2001) 322,383,262.61 700,000,000.00 750,000,000.00 269,435,334.63
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(b) FIXED RATE CERTIFICATES Class C Class D
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Applicable Interest Rate 8.1500% 10.8750%
Interest Amount Payable 2,375,979.69 3,580,412.50
Opening Principal Balance 349,837,500.00 395,080,000.00
Scheduled Principal Payment Amount 0.00 0.00
Redemption Amount 0.00 0.00
- amount allocable to principal 0.00 0.00
- amount allocable to premium 0.00 0.00
Actual Pool Factor 0.9329000 0.9877000
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Outstanding Principal Balance (September 17, 2001) 349,837,500.00 395,080,000.00
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Table of rescheduled Pool Factors n/a n/a
in the event of a partial redemption
AIRPLANES Group
Report to Certificateholders
All numbers in US$ unless otherwise stated
(v) FLOATING RATE CERTIFICATE INFORMATION FOR NEXT INTEREST ACCRUAL PERIOD (Aggregate Amounts)
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A-6 A-8 A-9 Class B
Applicable LIBOR 3.48750% 3.48750% 3.48750% 3.48750%
Applicable Margin 0.34000% 0.37500% 0.55000% 0.75000%
Applicable Interest Rate 3.82750% 3.86250% 4.03750% 4.23750%
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(vi) CURRENT PERIOD PAYMENTS Per $100,000 Initial Outstanding Principal Balance of Certificates)
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(a) FLOATING RATE CERTIFICATES
A-6 A-8 A-9 Class B
Opening Principal Amount 3,342.06 7,000.00 7,500.00 2,712.75
Total Principal Payments (118.23) 0.00 0.00 (18.40)
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Closing Outstanding Principal Balance 3,223.83 7,000.00 7,500.00 2,694.35
Total Interest 12.19 25.76 28.81 10.92
Total Premium 0.00 0.00 0.00 0.00
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(b) FIXED RATE CERTIFICATES
Class C Class D
Opening Principal Amount 3,498.38 3,950.80
Total Principal Payments 0.00 0.00
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Outstanding Principal Balance 3,498.38 3,950.80
Total Interest 23.76 35.80
Total Premium 0.00 0.00
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