Interesting company and deal for sure....although is Fairfax really interested in the aircraft business,or just getting a good 6% investment ?
(Reminds me a bit of Buffett lending $$ to GE at a premium in 2008)
My thought is he could be getting 6.8% by just buying the equity but he is not doing that.

My only other  concern is that it has a LOT of debt (BMO says debt/equity 4.5...yikes;am I mistaken ?) and has cut its dividend several times since 2011.
Its borrowing $200M @ 6%...fair enough,but its earnings/margins are weak YTD.

I guess if I though t I could understand the aircraft leasing business I would hop aboard,but its already up 10% since mid November.