That money is linked to loans, aircraft leases and investments.

Although TAM is expected to post a 2002 loss of around $180 million in the next few days, its only significant debts are aircraft leases.

It is spending $500 million a month on aircraft leases and its fuel costs have soared.

The first is to give the airline some financial breathing room by stretching out its aircraft leases, which can run up to 20 years or more.

The company was also able to keep costs down by securing aircraft leases at favorable rates because of a surplus of planes.

The fund already holds $340 million in aircraft leases with the airline.

The company is desperate for cash, losing $60,000 a day, mostly because of aircraft leases.

They then moved on to consider an aircraft lease and a power plant in Gaza City.

The bank also charged off $139 million for aircraft leases with two airlines in bankruptcy protection.

The securities under scrutiny by the oversight office are bonds backed by mobile homes and aircraft leases.