Following the delivery last week of Okay Airways’ first leased Boeing 737 MAX 8, GECAS signed another contract with Okay Airways for the purchase-and-leaseback with pre-delivery payment financing of t...
Boeing will recognise a charge to earnings to reflect a Delaware Supreme Court ruling that the company is not entitled to recover certain costs associated with the 2005 sale of its production faciliti...
TrueNoord, the specialist regional aircraft lessor, has closed a senior secured debt facility of $500 million. The facility will be deployed to refinance part of the existing TrueNoord portfolio of Em...
At its Annual General Meeting (AGM) today, Mark Briffa, Chief Executive Officer of Air Partner, confirmed that since the company reported flat growth for commercial jets and a “slow start” for private...
Air Lease Corporation (ALC) is currently in the market with a follow up to its successful Thunderbolt asset backed securitisation (ABS) transaction, which features what is being described as incorpora...
As the top aircraft lessor by fleet size, GECAS originates between $5bn to $7bn in new asset acquisitions and sells between $2bn to $4bn of aircraft assets every year. The recent, well-publicised pres...
Global Jet Capital has closed its BJETS 2018-2 asset backed securitisation (ABS), raising approximately $674 million. BJETS 2018-2, is the second ABS offering that Global Jet Capital has closed in th...
Philippine Airlines (PAL) has signed a debt financing agreement with PK Airfinance and Novus Aviation Capital to fund four 2018 Airbus A321-200neo aircraft. PK AirFinance, a GECAS company, will provid...
GECAS and Oz Management (Oz) have closed STARR 2018-1, which is the first aircraft portfolio purchase vehicle structure to include a dedicated asset manager – Start Ltd – for equity investors. In this...
Boeing Chairman, president and chief executive officer, Dennis Muilenburg, has reported that the board of directors has declared a regular quarterly dividend of one dollar and seventy-one cents ($1.71...
CALC has completed the establishment of an international investment vehicle for aircraft leasing – CAG, to invest in aircraft portfolio on lease to global airlines. CALC calls this an “important strat...
Civil Aviation Authority of Zimbabwe's acting general manager, Tawanda Gusha has told media that Turkish Airlines (THY) has not made any formal communication with Zimbabwe to establish flights between...
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