CIC in talks to buy Avolon
China's $653bn sovereign wealth fund, China Investment Corp (CIC), is in talks to buy Dublin-based aircraft lessors Avolon for between $4bn and $5bn including debt.CIC has joined forces with state-own...
China's $653bn sovereign wealth fund, China Investment Corp (CIC), is in talks to buy Dublin-based aircraft lessors Avolon for between $4bn and $5bn including debt.CIC has joined forces with state-own...
Air Lease Corporation has announced its financial results for the three and six month periods ending June 30th, 2014, in which the lessor reports another consecutive quarter of fleet, revenue and prof...
JG Summit Holdings Inc. has denied reports that it has abandoned plans to invest in Philippine Airlines (PAL).JG senior vice president Bach Johann M. Sebastian said that the company has yet to review ...
Indonesia's Lion Group has finalized the first deal for its leasing subsidiary, Transportation Partners, to lease three B737-800s to China's 9 Air in a move described as a "backup plan" for the group’...
Jet engine lessors Willis Lease Finance Corporation has reported second quarter 2014 net income of $2.2 million, or $0.27 per diluted share, compared to $9.7 million, or $1.17 per diluted share, in th...
Dublin-based lessors FLY Leasing Ltd has announced the acquisition of a B737-800 to be leased to an airline in North America, and an A330-300 on lease to an airline in Asia.The Airbus is the first of ...
Air Transport Services Group has announced that its aircraft leasing subsidiary, Cargo Aircraft Management, has agreed to purchase two B767-300ER freighters that ATSG’s airline subsidiary ABX Air curr...
Intrepid Aviation has announced the lease of two A330-300s with EVA Air in Taiwan. The aircraft will be delivered in late 2015 and will be subject to long-term leases. Colin Bole, Intrepid’s Chief Com...
China Aircraft Leasing Group Holdings Ltd. has announced that it intends to expand within Asia after becoming the first aircraft lessor in the region to go public last month.Chief Financial Officer TT...
Cheung Kong (Holdings) Ltd has announced that it has submitted a preliminary non-binding proposal relating to an aircraft acquisition from AWAS. Local Hong Kong media has reported that Cheung Kong may...
Aircastle has reported earnings-per-share during Q2 2014 of $0.59, which the company partially attributes to the disposal of older “classic generation” aircraft. Aircastle also recorded $25 million of...
AWAS has also announced the leasing of an A330-200 to Bulgarian charter operator BH Air. The aircraft is the first of its type and the first wide-body aircraft for BH Air. Lanko Ivanov, CEO of BH Air,...
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