Exhibit A
AIRPLANES GROUP
Report to Certificatholders
All numbers in US$ unless otherwise stated
<TABLE>
Payment Date: 15 November 2000.
Calculation Date: 9 November 2000.
(i) ACCOUNT ACTIVITY SUMMARY (Between Calculation Dates)
--------------------------------------------------------------------------------------------------------------------------
Balance on
Calculation
Prior Balance Deposits Withdrawals Date
--------------------------------------------------------------------------------------------------------------------------
10-Oct-00 09-Nov-00
<S> <C> <C> <C> <C>
Lessee Funded Account 0.00 0.00 (0.00) 0.00
Expense Account (note ii) 1,230,654.91 13,884,201.37 (12,620,205.47) 2,494,650.81
Collection Account (note iii) 196,421,478.18 45,003,694.25 (44,495,416.39) 196,929,756.04
--------------------------------------------------------------------------------------------------------------------------
- Miscellaneous Reserve 40,000,000.00 40,000,000.00
- Maintenance Reserve 80,000,000.00 80,000,000.00
- Security Deposit 35,568,103.00 35,028,066.00
- Other Collections (net of interim
withdrawals) 40,853,375.18 41,901,690.04
--------------------------------------------------------------------------------------------------------------------------
Total 197,652,133.09 58,887,895.62 (57,115,621.86) 199,424,406.85
--------------------------------------------------------------------------------------------------------------------------
(ii) ANALYSIS OF EXPENSE ACCOUNT ACTIVITY
--------------------------------------------------------------------------
<S> <C>
Balance on preceding Calculation Date (October 10, 2000) 1,230,654.91
Transfer from Collection Account (previous Payment Date) 10,769,345.09
Transfer from Collection Account (interim deposit) 3,102,004.22
Interest Earned during period 12,852.06
Payments during period between prior Calculation Date
and the relevant Calculation Date:
- Payments on previous Payment Date (2,985,369.04)
- Other payments (9,634,836.43)
---------------
Balance on relevant Calculation Date (November 9, 2000) 2,494,650.81
---------------------------------------------------------------------------
(iii) ANALYSIS OF COLLECTION ACCOUNT ACTIVITY
---------------------------------------------------------------------------
Balance on preceding Calculation Date
(October 10, 2000) 196,421,478.18
Collections during period 44,552,005.97
Swap receipts (previous Payment Date) 451,688.28
Transfer to Expense Account
(previous Payment Date) (10,769,345.09)
Transfer to Expense Account
(interim withdrawal) (3,102,004.22)
Net transfer to Lessee Funded Accounts 0.00
Aggregate Certificate Payments
(previous Payment Date) (30,471,629.97)
Swap payments (previous Payment Date) (152,437.11)
---------------
Balance on relevant Calculation Date
(November 9, 2000) 196,929,756.04
---------------------------------------------------------------------------
</TABLE>
5
<PAGE>
AIRPLANES GROUP
Report to Certificatholders
All numbers in US$ unless otherwise stated
<TABLE>
(iii)ANALYSIS OF COLLECTION ACCOUNT ACTIVITY (Cont'd)
================================================================================================================================
ANALYSIS OF CURRENT PAYMENT DATE DISTRIBUTIONS NOTE:
----------------------------------------------
<S> <C>
Priority of Payments Collections include Proceeds from sale of
(i) Required Expense Amount 12,000,000.00 one B737-200QC.
(ii) a) Class A Interest 11,262,143.87 =========================================
b) Swap Payments 171,270.82
(iii) First Collection Account Top-up 120,000,000.00
(iv) Minimum Hedge Payment 0.00
(v) Class A Minimum Principal 0.00
(vi) Class B Interest 1,758,877.33
(vii) Class B Minimum Principal 2,082,798.62
(viii) Class C Interest 2,375,979.69
(ix) Class D Interest 3,580,412.50
(x) Second Collection Account Top-up 36,598,618.00
(xi) Class A Principal Adjustment Amount 9,594,306.02
(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
----------------
Total Payments with respect to Payment Date 199,424,406.85
Less Collection Account Top-Ups ((iii) and (x)above) (156,598,618.00)
----------------
42,825,788.85
================
=========================================================================
</TABLE>
6
<PAGE>
AIRPLANES GROUP
Report to Certificatholders
All numbers in US$ unless otherwise stated
<TABLE>
(iv) PAYMENT ON THE CERTIFICATES
---------------------------------------------------------------------------------------------------------------- (cont'd
(a) FLOATING RATE CERTIFICATES A-4 A-6 A-7 below)
--------------------------
<S> <C> <C> <C>
Applicable LIBOR 6.62000% 6.62000% 6.62000%
Applicable Margin 0.62000% 0.34000% 0.26000%
Applicable Interest Rate 7.24000% 6.96000% 6.88000%
Interest Amount Payable 1,206,666.67 2,821,727.20 3,153,333.33
Step Up Interest Amount 0.00 0.00 0.00
Opening Principal Balance 200,000,000.00 486,504,689.36 550,000,000.00
Minimum Principal Payment Amount 0.00 0.00 0.00
Adjusted Principal Payment Amount 0.00 9,594,306.02 0.00
Supplemental Principal Payment Amount 0.00 0.00 0.00
Total Principal Distribution Amount 0.00 9,594,306.02 0.00
Redemption Amount
- amount allocable to principal 0.00 0.00 0.00
- premium allocable to premium 0.00 0.00 0.00
----------------------------------------------------
Outstanding Principal Balance (November 15, 2000) 200,000,000.00 476,910,383.34 550,000,000.00
----------------------------------------------------------------------------------------------------------------
(table cont'd)
-----------------------------------------------------------------------------------------------
(a) FLOATING RATE CERTIFICATES A-8 Class B
--------------------------
<S> <C> <C>
Applicable LIBOR 6.62000% 6.62000%
Applicable Margin 0.37500% 0.75000%
Applicable Interest Rate 6.99500% 7.37000%
Interest Amount Payable 4,080,416.67 1,758,877.33
Step Up Interest Amount 0.00 0.00
Opening Principal Balance 700,000,000.00 286,384,368.27
Minimum Principal Payment Amount 0.00 2,082,798.62
Adjusted Principal Payment Amount 0.00 0.00
Supplemental Principal Payment Amount 0.00 0.00
Total Principal Distribution Amount 0.00 2,082,798.62
Redemption Amount
- amount allocable to principal 0.00 0.00
- premium allocable to premium 0.00 0.00
-----------------------------------
Outstanding Principal Balance (November 15, 2000) 700,000,000.00 284,301,569.65
-----------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------
(b) FIXED RATE CERTIFICATES Class C Class D
-----------------------
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
-----------------------------------
Outstanding Principal Balance (November 15, 2000) 349,837,500.00 395,080,000.00
-----------------------------------------------------------------------------------------------
Table of rescheduled Pool Factors n/a n/a
in the event of a partial redemption
</TABLE>
<TABLE>
(v) FLOATING RATE CERTIFICATE INFORMATION FOR NEXT INTEREST ACCRUAL PERIOD (Aggregate Amounts)
---------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------
A-4 A-6 A-7 A-8 Class B
<S> <C> <C> <C> <C> <C>
Applicable LIBOR 6.62000% 6.62000% 6.62000% 6.62000% 6.62000%
Applicable Margin 0.62000% 0.34000% 0.26000% 0.37500% 0.75000%
Applicable Interest Rate 7.24000% 6.96000% 6.88000% 6.99500% 7.37000%
--------------------------------------------------------------------------------------------------------------------------------
(vi) CURRENT PERIOD PAYMENTS Per $100,000 Initial
Outstanding Principal Balance of Certificates)
---------------------------------------------
--------------------------------------------------------------------------------------------------------------------------------
(a) FLOATING RATE CERTIFICATES
A-4 A-6 A-7 A-8 Class B
Opening Principal Amount 2,000.00 4,865.05 5,500.00 7,000.00 2,863.84
Total Principal Payments 0.00 95.94 0.00 0.00 20.83
------------------------------------------------------------------------
Closing Outstanding Principal Balance 2,000.00 4,769.10 5,500.00 7,000.00 2,843.02
Total Interest 12.07 28.22 31.53 40.80 17.59
Total Premium 0.00 0.00 0.00 0.00 0.00
--------------------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------
(b) FIXED RATE CERTIFICATES
Class C Class D
<S> <C> <C>
Opening Principal Amount 3,498.38 3,950.80
Total Principal Payments 0.00 0.00
------------------------------------------
Outstanding Principal Balance 3,498.38 3,950.80
Total Interest 23.76 35.80
Total Premium 0.00 0.00
-----------------------------------------------------------------------------------
</TABLE>
7
